Freddie Mac Prices $1.25 Billion Multifamily K-Deal, K-050

MCLEAN, VA--(Marketwired - Nov 24, 2015) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.25 billion in K Certificates (K-050 Certificates), which are expected to settle on or about November 24, 2015.

K-050 Pricing
Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$137.815		6.28		S + 60		2.8020%		2.43649%		101.9958
A-2		$1,117.300		9.61		S + 80		3.3340%		2.96683%		102.9999
X1		$1,255.115		9.02		T + 260		0.3335%		4.79070%		2.7146
X3		140.097**		9.53		T + 600		1.5528%		8.23210%		10.3872
		** 50% of the Class X3 notional size

Details