Bond Freddy Mac 5.92% ( US3128X5PR34 ) in USD

Freddy Mac

100 % ⇌

United States

US3128X5PR34 ( in USD )

5.92% per year ( payment 2 times a year)

15/01/2037

Prospectus brochure of the bond Freddie Mac US3128X5PR34 en USD 5.92%, maturity 15/01/2037

1 000 USD

50 000 000 USD

3128X5PR3

N/A

15/01/2026 ( In 162 days )

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.

Freddie Mac issued a USD 50,000,000 bond (CUSIP: 3128X5PR3, ISIN: US3128X5PR34) maturing on January 15, 2037, with a 5.92% coupon rate, paying semi-annually, currently trading at 100% of par value in minimum increments of $1,000.

PRICING SUPPLEMENT DATED November 13, 2006

(to Offering Circular Dated July 28, 2006)

$50,000,000

Freddie Mac

5.92% Fixed Rate Medium-Term Notes Due January 15, 2037
Redeemable periodically, beginning January 15, 2013

Issue Date:
November 15, 2006
Maturity Date:
January 15, 2037
Subject to Redemption:
Yes. The Medium-Term Notes are redeemable at our option, in whole only, 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.
Redemption Date(s):
Semiannually, on January 15 and July 15, commencing January 15, 2013
Interest Rate Per Annum:
5.92%
Frequency of Interest Payments:
Semiannually, in arrears, commencing January 15, 2007
Interest Payment Dates:
January 15 and July 15
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3128X5PR3

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated July 28,
2006 (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 "Available 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%
.045%
99.955%
Total
$50,000,000
$22,500
$49,977,500

(1)
Plus accrued interest, if any, from November 15, 2006.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.

Lehman Brothers

2

OFFERING:

1. Pricing
date:
November 13, 2006
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5.
Underwriter:
Lehman Brothers Inc.

12969-3128X5PR3