Obligation Freddy Mac 4% ( US3134G3JH47 ) en USD

Société émettrice Freddy Mac
Prix sur le marché refresh price now   100 %  ⇌ 
Pays  Etas-Unis
Code ISIN  US3134G3JH47 ( en USD )
Coupon 4% par an ( paiement semestriel )
Echéance 25/01/2027



Prospectus brochure de l'obligation Freddie Mac US3134G3JH47 en USD 4%, échéance 25/01/2027


Montant Minimal 1 000 USD
Montant de l'émission 50 000 000 USD
Cusip 3134G3JH4
Notation Standard & Poor's ( S&P ) NR
Notation Moody's NR
Prochain Coupon 25/01/2026 ( Dans 42 jours )
Description détaillée Freddie Mac est une société publique américaine qui achète et garantit des prêts hypothécaires résidentiels, contribuant ainsi à la stabilité du marché du logement.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G3JH47, paye un coupon de 4% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 25/01/2027

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G3JH47, a été notée NR par l'agence de notation Moody's.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G3JH47, a été notée NR par l'agence de notation Standard & Poor's ( S&P ).










PRICING SUPPLEMENT DATED January 4, 2012
(to Offering Circular Dated February 25, 2011)

$50,000,000

Freddie Mac

Step Medium-Term Notes Due January 25, 2027
Redeemable periodically, beginning January 25, 2013

Issue Date:
January 25, 2012
Maturity Date:
January 25, 2027
Subject to Redemption:
Yes. The Medium-Term Notes are redeemable at our option, upon notice of not less
than 5 Business Days, at a price of 100% of the principal amount, plus accrued
interest to the Redemption Date. We will redeem all of the Medium-Term Notes
if we exercise our option.
Redemption Date(s):
Quarterly, on the 25th day of January, April, July and October, commencing January
25, 2013
Interest Rate:
The Medium-Term Notes bear interest at different fixed rates, during different
periods. (See "Step Interest Rates" herein.)
Frequency of Interest Payments:
Semiannually, in arrears, commencing July 25, 2012
Interest Payment Dates:
January 25 and July 25
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3134G3JH4


You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February
25, 2011 (the "Offering Circular"), and all documents that are incorporated by reference in the Offering Circular, which contain
important detailed information about the Medium-Term Notes and Freddie Mac. See "Additional Information" in the Offering
Circular. Capitalized terms used in this Pricing Supplement have the meanings we gave them in the Offering Circular, unless we
specify otherwise.

The Medium-Term Notes may not be suitable investments for you. You should not purchase the Medium-Term
Notes unless you understand and are able to bear the redemption, yield, market, liquidity and other possible risks associated
with the Medium-Term Notes. You should read and evaluate the discussion of risk factors (especially those risk factors that
may be particularly relevant to this security) that appears in the Offering Circular under "Risk Factors" before purchasing
any of the Medium-Term Notes.


The Medium-Term Notes, including any interest or return of discount on the Medium-Term Notes, are not
guaranteed by and are not debts or obligations of the United States or any federal agency or instrumentality other than
Freddie Mac.

Any discussion of tax issues set forth in this Pricing Supplement and the related Offering Circular was written to
support the promotion and marketing of the transactions described in this Pricing Supplement. Such discussion was not
intended or written to be used, and it cannot be used, by any person for the purpose of avoiding any tax penalties that
may be imposed on such person. Each investor should seek advice based on its particular circumstances from an
independent tax advisor.


Price to Public (1)(2)
Underwriting Discount (2)
Proceeds to Freddie Mac (1)(3)




Per Medium-Term Note
100%
.52%
99.48%
Total
$50,000,000
$260,000
$49,740,000

(1)
Plus accrued interest, if any, from January 25, 2012.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.


Incapital LLC BB&T Capital Markets Stifel Nicolaus & Company Incorporated






2



OFFERING:

1. Pricing
Date:
January 4, 2012
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5. Syndication:
Yes:

Underwriter



Underwriting Commitment


Incapital LLC (the "Representative")
$17,000,000
BB&T Capital Markets
16,500,000
Stifel Nicolaus & Company Incorporated
16,500,000

$50,000,000


STEP INTEREST RATES:
3.00% per annum from January 25, 2012 to, but not including, January 25, 2017;
3.25% per annum from January 25, 2017 to, but not including, January 25, 2020;
3.50% per annum from January 25, 2020 to, but not including, January 25, 2022;
4.00% per annum from January 25, 2022 to, but not including, January 25, 2024;
5.00% per annum from January 25, 2024 to, but not including, January 25, 2025;
6.00% per annum from January 25, 2025 to, but not including, January 25, 2026;
7.00% per annum from January 25, 2026 to, but not including, January 25, 2027.





20629-3134G3JH4