Obbligazione Freddy Mac 8% ( US3128X7ZG25 ) in USD

Emittente Freddy Mac
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US3128X7ZG25 ( in USD )
Tasso d'interesse 8% per anno ( pagato 2 volte l'anno)
Scadenza 26/06/2023 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Freddie Mac US3128X7ZG25 in USD 8%, scaduta


Importo minimo 1 000 USD
Importo totale 35 000 000 USD
Cusip 3128X7ZG2
Descrizione dettagliata Freddie Mac è una società pubblica statunitense che acquista e garantisce mutui ipotecari residenziali, contribuendo alla stabilità del mercato immobiliare.

L'analisi di un'emissione obbligazionaria maturata rivela le caratteristiche del titolo con codice ISIN US3128X7ZG25 e codice CUSIP 3128X7ZG2, emesso da Freddie Mac (Federal Home Loan Mortgage Corporation), un'entità sponsorizzata dal governo degli Stati Uniti d'America (GSE) con il mandato di stabilizzare il mercato dei mutui ipotecari residenziali secondari, garantendo liquidità ai prestatori ipotecari; questa obbligazione, denominata in Dollari Statunitensi (USD), presentava un tasso di interesse annuale dell'8% con una frequenza di pagamento semestrale, una dimensione totale dell'emissione di 35.000.000 USD e un taglio minimo di acquisto fissato a 1.000 USD, ed è giunta a scadenza il 26 giugno 2023, venendo regolarmente rimborsata al suo valore nominale del 100%, come indicato dal suo prezzo di mercato al momento della chiusura, confermando così il completamento degli impegni contrattuali.








PRICING SUPPLEMENT DATED May 29, 2008


(to Offering Circular Dated March 17, 2008)


$35,000,000


Freddie Mac

Variable Rate Medium-Term Notes Due June 26, 2023
Redeemable periodically, beginning September 26, 2008

Issue Date:
June 26, 2008
Maturity Date:
June 26, 2023
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 26th day of March, June, September, and December, commencing
September 26, 2008
Interest Rate:
See "Description of the Medium-Term Notes" herein
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3128X7ZG2


You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated
March 17, 2008 (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 offered pursuant to this Pricing Supplement are complex and highly structured debt
securities that may not pay interest for extended periods of time. The Medium-Term Notes are not a suitable investment for
individuals seeking a steady stream of income.

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%
.93%
99.07%

$15,000,000
$139,500
$14,860,500
Per Medium-Term Note
100%
.75%
99.25%

$10,000,000
$75,000
$9,925,00
Per Medium-Term Note
100%
2.15%
97.85%

$10,000,000
$215,000
$9,785,000
Total
$35,000,000
$429,500
$34,570,500

(1)
Plus accrued interest, if any, from June 26, 2008.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.

Lehman Brothers


DESCRIPTION OF THE MEDIUM-TERM NOTES

Applicable Interest Rate Index:
LIBOR
Index Currency:
U.S. Dollars
Index Maturity:
6-Month
Designated Reuters Page:
3750
Interest Rate:
8.00% per annum, subject to "Interest Accrual" provisions, as described below.
Interest Accrual:
Interest will accrue on the Medium-Term Notes on each day during an Interest
Payment Period on which LIBOR for the Index Currency at the Index Maturity
for the relevant LIBOR Observation Date is within the LIBOR Range. If the
value of LIBOR for the Index Currency at the Index Maturity on the relevant
LIBOR Observation Date is greater than or equal to 0.00% per annum and less
than or equal to 7.00% per annum, interest will accrue on the Medium-Term
Notes for the related day at 8.00% per annum. If, however, the value of LIBOR
for the Index Currency at the Index Maturity on the relevant LIBOR Observation
Date, is less than 0.00% per annum or greater than 7.00% per annum on the
relevant LIBOR Observation Date, then no interest will accrue on your Medium-
Term Notes for the related day. See "Risk Factors" below for relevant
considerations.
Day Count Convention:
Actual/Actual. The Interest Payment Period will not be adjusted to reflect any
shifting of the Interest Payment Date.
LIBOR Observation Date:
With respect to each London Banking Day during the applicable Interest
Payment Period that does not occur during the LIBOR Suspension Period,
that London Banking Day. With respect to each day that is not a London
Banking Day during the applicable Interest Payment Period not occurring
during the LIBOR Suspension Period, the last preceding London Banking
Day. With respect to each day during the applicable Interest Payment Period
occurring during the LIBOR Suspension Period, the LIBOR Observation
Date will be the last London Banking Day preceding the first day of such
LIBOR Suspension Period.
LIBOR Suspension Period:
The period beginning on the fifth (5th) New York Banking Day prior to, but
excluding, each Interest Payment Date (including the Maturity Date) and ending
on such Interest Payment Date.
LIBOR Range:
6-Month LIBOR >=0.00% and <=7.00%
Payment of Interest:
Quarterly, in arrears, on the 26th day of each March, June, September, And
December (each such date, an "Interest Payment Date"), commencing
September 26, 2008.
Denominations:
$100,000, and additional increments of $1,000


RISK FACTORS:


An investment in the Medium-Term Notes entails certain risks not associated with an investment in conventional fixed rate
Medium-Term Notes. See "Risk Factors" generally and "Various Factors Could Adversely Affect the Trading Value and Yield of
Your Debt Securities" in the Offering Circular. The interest rate of the Medium-Term Notes will be 8.00%, subject to "Interest
Accrual" as described above. Investors should consider the risk that LIBOR for the Index Currency at the Index Maturity,
determined on a daily basis, may exceed 7.00% per annum on one or more days during the applicable Interest Payment Period, in
which event no interest will accrue for the related days during the Interest Payment Period. Because the Medium-Term Notes may
not pay interest for extended periods of time, the Medium-Term Notes are not a suitable investment for individuals seeking a steady
stream of income.


The secondary market for, and the market value of, the Medium-Term Notes will be affected by a number of factors
independent of the creditworthiness of Freddie Mac, including the level and direction of interest rates, the Interest Accrual provisions
applicable to the Medium-Term Notes, the anticipated level and potential volatility of LIBOR for the Index Currency at the Index
Maturity, the method of calculating LIBOR for the Index Currency at the Index Maturity, the time remaining to the
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maturity of the Medium-Term Notes, the aggregate principal amount of the Medium-Term Notes and the availability of comparable
instruments. The level of LIBOR for the Index Currency at the Index Maturity depends on a number of interrelated factors,
including economic, financial and political events, over which Freddie Mac has no control. The following table, showing the level of
LIBOR for the Index Currency at the Index Maturity in effect for the Hypothetical Determination Dates listed below, illustrates the
variability of that rate:

Historical Levels of 6-Month LIBOR

Hypothetical
6-Month LIBOR
Determination Date
Percentage
6/26/2005 3.65375
9/26/2005 4.16688
12/26/2005 4.70000
3/26/2006 5.08813
6/26/2006 5.61938
9/26/2006 5.36000
12/26/2006 5.36000
3/26/2007 5.32875
6/26/2007 5.37500
9/26/2007 5.14250
12/26/2007 4.71750
3/26/2008 2.63188

The historical experience of LIBOR for the Index Currency at the Index Maturity should not be taken as an indication of
the future performance of LIBOR for the Index Currency at the Index Maturity during the term of the Medium-Term Notes.
Fluctuations in the level of LIBOR for the Index Currency at the Index Maturity make the Medium-Term Notes' interest rates
difficult to predict and can result in actual interest rates to investors that are lower than anticipated. In addition, historical interest
rates are not necessarily indicative of future interest rates. Fluctuations in interest rates and interest rate trends that have occurred in
the past are not necessarily indicative of fluctuations that may occur in the future, which may be wider or narrower than those that
have occurred historically.


OFFERING:

1. Pricing
Date:
May 29, 2008
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5.
Underwriter:
Lehman Brothers Inc.




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 the 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.
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CERTAIN UNITED STATES FEDERAL TAX CONSEQUENCES


Freddie Mac believes that the Medium-Term Notes provide for interest at an "objective rate" and therefore constitute a
"variable rate debt instrument," as those terms are used in the OID Regulations. Freddie Mac intends to report interest deductions with
respect to the Medium-Term Notes based on this treatment. For a general discussion of the tax consequences associated with this type
of instrument, see "Certain United States Federal Tax Consequences" in the Offering Circular. Investors who purchase the Medium-
Term Notes at a market discount or premium should consult their tax advisors regarding the appropriate rate of accrual or amortization
for such market discount or premium.


Although unlikely, it is possible that the Medium-Term Notes would be taxed in some other manner. Investors should consult
their tax advisors regarding alternative treatments, including the possible application of the contingent payment debt regulations.

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