OREANDA-NEWS. Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) that are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $217 million in K Certificates (K-J08 Certificates), which are expected to settle on or about October 28, 2016.
 
K-J08 Pricing
 
Class Principal/
Notional Amount (mm)
  Weighted Average Life (Years)   Spread (bps)   Coupon   Yield   Dollar Price
A-1 $34.100   3.70   S + 45   1.6480%   1.6232%   $99.9982
A-2 $183.836   5.49   S + 65   2.3560%   1.9497%   $101.9966
X $272.421   4.76   Non-Offered