Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-052

MCLEAN, VA--(Marketwired - Feb 1, 2016) - 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 $1.1 billion in K Certificates (K-052 Certificates), which are expected to settle on or about February 10, 2016.

K-052 Pricing

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$162.056		5.31		S + 70		2.5980%		2.1702%		$101.9966
A-2		$979.000		9.62		S + 90		3.1510%		2.7868%		$102.9986
X1		$1,141.056		8.74		T + 275		0.6789%		4.5608%		$5.0572
X3		$127.366*		9.59		T + 750		1.6113%		9.3803%		$10.3402

*50% of the Class X3 notional size