Bond Freddy Mac 5.2% ( US3128X0KK49 ) in USD

Issuer Freddy Mac
Market price 100 %  ▼ 
Country  United States
ISIN code  US3128X0KK49 ( in USD )
Interest rate 5.2% per year ( payment 2 times a year)
Maturity 29/11/2022 - Bond has expired



Prospectus brochure of the bond Freddie Mac US3128X0KK49 in USD 5.2%, expired


Minimal amount 1 000 USD
Total amount 50 000 000 USD
Cusip 3128X0KK4
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
Detailed description Freddie Mac is a U.S. government-sponsored enterprise (GSE) that buys mortgages from lenders, packages them into securities, and sells them to investors, thus providing liquidity to the mortgage market.

The Bond issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3128X0KK49, pays a coupon of 5.2% per year.
The coupons are paid 2 times per year and the Bond maturity is 29/11/2022







PRICING SUPPLEMENT DATED November 14, 2002
(to the Offering Circular Dated April 5, 2002)


$50,000,000

Freddie Mac











GLOBAL DEBT FACILITY
5.20% Fixed Rate Debt Securities Due November 29, 2022
Redeemable on November 29, 2012 only




This Pricing Supplement relates to the Debt Securities of the Federal Home Loan
Mortgage Corporation ("Freddie Mac") described below and should be read in conjunction with
the Offering Circular dated April 5, 2002 and all documents incorporated by reference in the
Offering Circular including Freddie Mac's Information Statement dated March 29, 2002 and any
supplements to such Information Statement. Capitalized terms used in this Pricing Supplement
and not otherwise defined in this Pricing Supplement have the meanings given to them in the
Offering Circular.

The Debt Securities are not suitable investments for all investors. In particular, no investor
should purchase the Debt Securities unless the investor understands and is able to bear the
redemption, yield, market and liquidity risks associated with the Debt Securities. See "Risk
Factors - The Debt Securities May Not Be Suitable For You" in the Offering Circular.

The Debt Securities are obligations of Freddie Mac only. The Debt Securities,
including any interest or return of discount on the Debt Securities, are not guaranteed by,
and are not debts or obligations of, the United States or any agency or instrumentality of the
United States other than Freddie Mac. The Debt Securities are not tax-exempt. Non-U.S.
owners generally will be subject to the United States federal income and withholding tax
unless they establish an exemption. Because of applicable U.S. securities law exemptions, we
have not registered the Debt Securities with any U.S. federal or state securities commission.
No U.S. securities commission has reviewed the Offering Circular or this Pricing
Supplement.




Certain Debt Securities Terms:













1.
Title: 5.20% Fixed Rate Debt Securities Due November 29, 2022

2.
Form:
Book-Entry

Registered

3.
Specified Payment Currency:

a.
Specified
Interest
Currency:
U.S.
dollars
b.
Specified
Principal
Currency:
U.S.
dollars


4.
Aggregate Original Principal Amount: $50,000,000

5.
Issue
Date:
November
29,
2002

6.
Denominations:
$1,000,
and additional increments of $1,000

7.
Maturity
Date:
November
29,
2022



Amount Payable on the Maturity Date



Fixed Principal Repayment Amount




100% of principal amount






8.
Subject to Redemption or Repayment Prior to Maturity Date

No
Yes


Mandatory



Redemption at Option of Freddie Mac


In whole only, on November 29, 2012 only, upon notice
to Holders not less than 5 Business Days nor more than 60
calendar days prior to redemption, at a redemption price of 100%
of the principal amount redeemed, plus accrued interest on the
Debt Securities to the Redemption Date

9.
Payment Terms of the Debt Securities:



Fixed Rate Debt Securities



Step Debt Securities



Variable Rate Debt Securities



Fixed/Variable Rate Debt Securities



Zero Coupon Debt Securities

7290Global360


10. Interest:

a.
Frequency of Interest Payments:

Annually

Semiannually

Quarterly

Monthly

Other:

____________

b.
Interest Payment Dates:
May 29 and November 29, commencing May 29,
2003

c.
Interest rate per annum:
5.20%

d.
Accrual Method (i.e., Day Count Convention):

30/360

Actual/360

Actual/365
(fixed)

Actual/Actual

Additional Information Relating to the Debt Securities:

1. Identification
Number(s):
a.
CUSIP
3128X0KK4
b.
ISIN:
US3128X0KK49
c.


Common
Code:
15862815
d.
Other:

2. Listing
Application:

No
Yes


Luxembourg Stock Exchange: An application has been made with the

Luxembourg Stock Exchange to list the Debt Securities.


3.
Eligibility for Stripping:


No

Yes




4.
Governing Law:


The Debt Securities will be governed by the federal laws of the United States. The local
laws of the State of New York will be deemed to reflect the federal laws of the United States, unless
there is applicable precedent under federal law or the application of New York law would frustrate
the purposes of the Freddie Mac Act or the Global Facility Agreement.

7290Global360


Offering:

1.
Pricing Date:
November 14, 2002

2. Method
of
Distribution:
Principal
Agent

3. Dealer
Underwriting
Commitment



ABN AMRO Incorporated
$50,000,000


Total. . . . . . . . . . . . . . . . . . . . . . . . . . .
$50,000,000

4.
Offering Price:

Fixed
Offering
Price: 100%, plus accrued interest, if any, from the
Settlement
Date


Variable Price Offering:

5.
Purchase Price to Dealer:





99.575% of principal amount
Concession:
N/A




Reallowance: N/A

Other:

In connection with the issuance of the Debt Securities, ABN AMRO
Incorporated, or an affiliate, may receive compensation for entering into a related swap
transaction. See "Distribution Arrangements - Additional Information" in the Offering Circular.

Settlement:

1.
Settlement Date:
November 29, 2002

2. Settlement
Basis:



Delivery versus payment


Free
delivery

3.
Settlement
Clearing System:



U.S. Federal Reserve Banks


DTC


Euroclear


Clearstream,
Luxembourg. See "Description of the Debt


Securities - Clearance and Settlement" in the Offering

Circular.
7290Global360


Document Outline