Bond Freddy Mac 0% ( US312902LX55 ) in USD

Issuer Freddy Mac
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US312902LX55 ( in USD )
Interest rate 0%
Maturity 17/12/2029



Prospectus brochure of the bond Freddie Mac US312902LX55 en USD 0%, maturity 17/12/2029


Minimal amount 1 000 USD
Total amount 700 000 000 USD
Cusip 312902LX5
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
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 US312902LX55, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Bond maturity is 17/12/2029

The Bond issued by Freddy Mac ( United States ) , in USD, with the ISIN code US312902LX55, was rated Aaa ( Prime - Investment-grade ) by Moody's credit rating agency.

The Bond issued by Freddy Mac ( United States ) , in USD, with the ISIN code US312902LX55, was rated AA+ ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







PRICING SUPPLEMENT DATED December 1, 1999
(to Offering Circular Dated June 25, 1999)
$700,000,000
Freddie Mac
Zero Coupon Medium-Term Notes Due December 17, 2029
Issue Date:
December 17, 1999
Maturity Date:
December 17, 2029
Subject to Redemption:
No
Payment of Interest:
None
Payment of Principal:
At maturity
CUSIP Number:
312902LX5
There will be no periodic payments of interest on the Medium-Term Notes. The only scheduled payment that will be made to
the holder of a Medium-Term Note will be made on the Maturity Date in an amount equal to the principal amount of the Medium-
Term Notes.
The Medium-Term Notes will be issued with original issue discount. See "Certain United States Federal Tax Consequences -
U.S. Owners - Debt Obligations with Original Issue Discount" in the Offering Circular, as defined herein.
You should read this Pricing Supplement together with Freddie Mac's Debentures, Medium-Term Notes, and Discount Notes
Offering Circular dated June 25, 1999 (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 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.
Proceeds to
Price to
Underwriting
Freddie Mac
Public (1)(2)
Discount (2)
(1)(3)
Per Medium-Term Note. . .
14.255443%
.26%
13.995443%
.
$99,788,101
$1,820,000
$97,968,101
Total . . . . . . . . . . . . . . . . . .
.
(1)
Plus accretion, if any, in value from December 17, 1999.
(2)
See "Distribution Arrangements" in the Offering Circular for additional information concerning price to public and
underwriting compensation.
(3)
Before deducting expenses payable by Freddie Mac estimated at $5,000.


PaineWebber Incorporated


OFFERING:
1.
Pricing date:
December 1, 1999
2.
Method of Distribution:
x Principal
Agent
3.
Concession:
.250
4.
Reallowance::
N/A
5.
Underwriter:
PaineWebber Incorporated
RISK FACTORS
An investment in the Medium-Term Notes presents certain risks that are different from an investment in
conventional fixed-rate debt securities that pay interest periodically. If you hold the Medium-Term Notes to their
maturity, they will provide return of your principal, including return of the applicable discount, but their market value
is likely to fluctuate substantially with changes in prevailing interest rates. The market value of the Medium-Term
Notes generally will fall in a rising interest rate environment creating a risk of loss of your investment capital if your
circumstances do not permit you to hold the Medium-Term Notes to their maturity; the market value of the Medium-
Term Notes generally will rise in a falling interest rate environment. The possibility of such substantial price volatility,
combined with the fact that payments on the Medium-Term Notes will be made only at maturity, also could affect the
secondary market for, and the liquidity of, the Medium-Term Notes. Consequently, you should purchase the Medium-
Term Notes only if you understand, either alone or with a financial advisor and are able to bear the yield, market,
liquidity and structure risks associated with them. See "Risk Factors" in the Offering Circular.
Prospective investors should consult their own tax and legal advisors as to the tax consequences of holding,
owning and disposing of the Medium-Term Notes, and whether and to what extent the Medium-Term Notes constitute
legal investments for such investors. See "Certain United States Federal Tax Consequences" and "Legal Investment
Considerations" in the Offering Circular.
OTHER SPECIAL TERMS
x
None

Yes; as follows:
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