Freddie Mac launches tender offer to buy back certain STACR notes by May 8, 2026.

Freddie Mac has initiated a fixed-price cash tender offer to repurchase any and all of several classes of its Structured Agency Credit Risk (STACR) notes. The offer period started on May 4, 2026, and will expire on May 8, 2026, with settlement expected around May 12-13, 2026. This move allows Freddie Mac to manage its credit risk exposure by buying back these securities from investors at specified prices plus accrued interest. Investors holding these notes must decide whether to tender by the deadline, with withdrawal allowed until the offer expires unless extended.