Obligation Freddy Mac 2% ( US3134GAAW47 ) en USD

Freddy Mac

100 % ▲

Etats-unis

US3134GAAW47 ( en USD )

2% par an ( paiement semestriel )

22/08/2031 - Obligation échue

Prospectus brochure de l'obligation Freddie Mac US3134GAAW47 en USD 2%, échue

3134GAAW4

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 ( Etats-unis ) , en USD, avec le code ISIN US3134GAAW47, paye un coupon de 2% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 22/08/2031

PRICING SUPPLEMENT DATED August 8, 2016

(to the Offering Circular Dated February 18, 2016)

$30,000,000

Freddie Mac

Step Medium-Term Notes Due August 22, 2031
Redeemable periodically, beginning February 22, 2017

Issue Date:
August 22, 2016
Maturity Date:
August 22, 2031
Subject to Redemption:
Yes. The Medium-Term Notes are redeemable at our option, upon
notice from 5 Business Days to 60 calendar days prior to redemption, at
a price of 100% of the principal amount, plus accrued interest to the
Redemption Date.
Redemption Date(s):
Quarterly, on the 22nd day of February, May, August, and November,
commencing February 22, 2017
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, co mmencing February 22, 2017
Interest Payment Dates:
February 22 and August 22
Principal Pay ment:
At maturity, or upon redemption
CUSIP Nu mber:
3134GAAW4

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering
Circular, dated February 18, 2016 (the "Offering Circular"), and all documents that are incorporated by reference in
the Offering Circular, wh ich contain important detailed information about the Medium-Term Notes and Freddie
Mac. See "Additional Information" in the Offering Circular. Cap italized 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.

Price to Public (1)(2)
Underwriting Discount (2)
Proceeds to Freddie Mac (1)(3)
Per Medium-Term Note
100%
1.065%
98.935%
$10,000,000
$106,500
$9,893,500
100%
1.030%
98.970%
Per Medium-Term Note
$10,000,000
$103,000
$9,897,000
100%
.800%
99.200%
Per Medium-Term Note
$10,000,000
$80,000
$9,920,000
Total
$30,000,000
$289,500
$29,710,500

1. Plus accrued interest, if any, from August 22, 2016.
2. See "Distribution Arrangements" in the Offering Circular.
3. Before deducting expenses payable by Freddie Mac estimated at $1,000.

Multi-Bank Securities, Inc.

2

OFFERING:

1. Pricing Date:

August 8, 2016
2. Method of Distribution: x Principal
Agent
3. Concession:

N/A
4. Reallowance:

N/A
5. Underwriter:

Multi-Bank Securities, Inc.

STEP INTER ES T RATES:
2.00% per annum fro m August 22, 2016 to, but not including, August 22, 2022;

2.25% per annum fro m August 22, 2022 to, but not including, August 22, 2024;
2.50% per annum fro m August 22, 2024 to, but not including, August 22, 2026;
2.75% per annum fro m August 22, 2026 to, but not including, August 22, 2027;
3.00% per annum fro m August 22, 2027 to, but not including, August 22, 2028;
3.50% per annum fro m August 22, 2028 to, but not including, August 22, 2029;
4.00% per annum fro m August 22, 2029 to, but not including, February 22, 2030;
5.00% per annum fro m Feb ruary 22, 2030 to, but not including, August 22, 2030;
7.00% per annum fro m August 22, 2030 to, but not including, February 22, 2031;
9.00% per annum fro m Feb ruary 22, 2031 to, but not including, August 22, 2031.

OTHER SPECIAL TERMS :
x
Yes; as follows:

In connection with the issuance of the Medium-Term Notes, Freddie Mac may

enter into a swap or other hedging agreement with an Underwriter, one of its

affiliates or a third party. Any such agreement may provide for the payment of

fees or other compensation or provide other economic benefits (including

trading gains or temporary funding) to, and will impose obligations on, the

parties, but will not affect the rights of Holders of, or the obligations of Freddie

Mac as to, the Medium-Term Notes. The existence of such an agreement may

influence our decision to exercise our right of optional redemption as to the

Medium-Term Notes.

3134GAAW4