Medium Term and Syndicated Callable Notes
Freddie Mac issues a variety of fixed and floating rate medium term notes (MTN) of different maturities, lockouts, and call provisions. Most MTNs have embedded call options. Freddie Mac uses callable debt to manage duration, convexity, and volatility risk of its mortgage portfolio.
MTN Callables are generally issued through a reverse inquiry process where investors and underwriters can customize the structure to match their needs for yield, structure, and size. Syndicated Callables are large and liquid callable notes that are issued through a syndicated book building process according to a pre-announced schedule with a minimum size of $1 billion and include a European (one time) call option. These securities are designed to meet the liquidity needs of large institutional investors.
Issuance Activity
- Recently Called Securities
- Recently Priced Securities
- Recently Issued Callable Notes
- Freddie Mac Agency OAS Reference Curve
Repurchase Operations Activity
- Callable Notes Eligible for Repurchase
- Periodic Repurchase Operations History
- Callable
Negotiated Repurchase History
Disclaimer
No Warranties; Limitation of Liability
Although Freddie Mac attempts to provide useful information, Freddie Mac does not guarantee that the information posted on or linked to any Freddie Mac Web site is accurate, current or suitable for any particular purpose. Freddie Mac assumes no obligation to update or continue to post or link to the information. Freddie Mac does not guarantee that access to any Freddie Mac Web site will be uninterrupted, or that a Freddie Mac Web site cannot be tampered with by third parties. While Freddie Mac has implemented security measures designed to protect most information sent to the Freddie Mac Web sites, Freddie Mac does not guarantee that information sent to a Freddie Mac Web site will not be obtained, reviewed, disclosed or tampered with by third parties.
No Offer or Solicitation of Securities. Freddie Mac operates several Web sites, any one of which may include information related to, or referenced in the offering documentation for, certain Freddie Mac securities, including offering circulars and related supplements and agreements. Freddie Mac securities may not be eligible for offer or sale in certain jurisdictions or to certain persons. The Information is provided for your general information only, is current only as of its specified date and does not constitute an offer to sell or a solicitation of an offer to buy securities. All Information regarding or relating to Freddie Mac securities is qualified in its entirety by the relevant offering circular and any related supplements. Investors should review the relevant offering circular and any related supplements before making a decision with respect to the purchase or sale of any security. In addition, before purchasing any security, please consult your legal and financial advisors for information about and analysis of the security, its risks and its suitability as an investment in your particular circumstances.