Published on 1/11/2011 in the Prospect News Agency Daily.
New Issue: Freddie Mac prices $25.624 million 10-year non-call one-year step up Freddie Notes at 3.25% initial rate
New York, Jan. 11 - Freddie Mac priced $25.624 million of 3.25% initial rate 10-year non-call one-year step up Freddie Notes at par, according to the agency's web site.
The bonds will mature on Jan. 15, 2021 and have a Bermuda call beginning Jan. 15, 2012.
Incapital is the manager.
Issuer: | Freddie Mac
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Issue: | Step up Freddie Notes
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Amount: | $25.624 million
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Maturity: | Jan. 15, 2021
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Coupon: | 3.25% from Jan. 13, 3.5% from Jan. 15, 2015, 4% from Jan. 15, 2017, 4.5% from Jan. 15, 2018, 5% from Jan. 15, 2019, 7% from Jan. 15, 2020
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Price: | Par
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Call: | Bermuda call beginning Jan. 15, 2012
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Pricing date: | Jan. 10
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Settlement date: | Jan. 13
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Underwriter: | Incapital
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Cusip: | 3133F4Q38
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