Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-063

MCLEAN, VA--(Marketwired - Mar 8, 2017) - 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 $1.3 billion in K Certificates (K-063 Certificates), which are expected to settle on or about March 22, 2017.

K-063 Pricing

Class		Principal/Notional Amount (mm)			Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$160.330			6.43		S + 43		3.0450%		2.6840%		$101.9971
A-2		$1,063.400			9.70		S + 62		3.4300%		3.0647%		$102.9976
A-M		$83.610			9.84		S + 70		3.5130%		3.1513%		$102.9994
X1		$1,223.730			8.95		T + 155		0.4257%		4.0412%		$2.4805
XAM		$83.610			9.59		Not Offered
X3		$212.823			9.61		T + 375		2.1454%		6.2795%		$15.1217

Details