Obbligazione Freddy Mac 0% ( US3128X8G300 ) in USD

Emittente Freddy Mac
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US3128X8G300 ( in USD )
Tasso d'interesse 0%
Scadenza 28/05/2024 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Freddie Mac US3128X8G300 in USD 0%, scaduta


Importo minimo 1 000 USD
Importo totale 100 000 000 USD
Cusip 3128X8G30
Standard & Poor's ( S&P ) rating AAA ( Prime - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Descrizione dettagliata Freddie Mac č una societā pubblica statunitense che acquista e garantisce mutui ipotecari residenziali, contribuendo alla stabilitā del mercato immobiliare.

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3128X8G300, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 28/05/2024

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3128X8G300, was rated Aaa ( Prime - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3128X8G300, was rated AAA ( Prime - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.








PRICING SUPPLEMENT DATED May 7, 2009


(to Offering Circular Dated April 3, 2009)

$100,000,000

Freddie Mac

Variable Rate Medium-Term Notes Due May 28, 2024
Redeemable periodically, beginning May 28, 2010

Issue Date:
May 28, 2009

Maturity Date:
May 28, 2024

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 28th day of February, May, August, and November, commencing
May 28, 2010
Interest Rate:
See "Description of the Medium-Term Notes" herein
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3128X8G30


You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated
April 3, 2009 (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 a significant amount of 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%
.027%
99.973%
Total
$100,000,000
$27,000
$99,973,000

(1)
Plus accrued interest, if any, from May 28, 2009.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.


Greenwich Capital Markets, Inc.



2



DESCRIPTION OF THE MEDIUM-TERM NOTES

Applicable Interest Rate Index:
LIBOR
Index Currency:
U.S. Dollars
Index Maturity:
3-Month
Designated Reuters Page:
LIBOR01
Reset Date:
Quarterly, on the 28th day of each February, May, August, and November,
commencing August 28, 2009.
LIBOR Determination Date:
The second London Banking Day preceding the applicable Reset Date
Spread:
Plus 150 basis points (+ 1.50 percentage points) subject to "Interest Rate"
provisions, as described below.
Interest Rate:
150 basis points above LIBOR (as defined in the Offering Circular) for the Index
Currency at the Index Maturity, subject to a minimum interest rate of 0.00% and
provided that if the Interest Rate (as defined herein) is greater than 6.00% per
annum, interest will accrue on the Medium-Term Notes at 6.00% per annum. The
Interest Rate will be adjusted on each Reset Date to reflect LIBOR for the Index
Currency at the Index Maturity as of the applicable LIBOR Determination Date.
Initial Interest Rate:
The initial interest rate for the Medium-Term Notes applicable from, and including,
the Issue Date to, but excluding, the first Reset Date, will be equal to LIBOR for the
Index Currency at the Index Maturity two London Banking Days prior to the Issue
Date, plus 150 basis points, subject to the "Interest Rate" provisions above.
Cap: 6.00%
Floor: 0.00%
Denomination:
$100,000 minimum, $1,000 multiples thereafter
Day Count Convention:
30/360, with no adjustment for period end dates.
Payment of Interest:
Quarterly, in arrears, on the 28th day of each February, May, August, and November
(each such date, an "Interest Payment Date"), commencing August 28, 2009.


RISK FACTORS:


An investment in the Medium-Term Notes entails certain risks not associated with an investment in conventional fixed rate
debt securities. 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 equal to LIBOR for the Index
Currency at the Index Maturity plus a Spread of 150 basis points (+ 1.50 percentage points), subject to the "Interest Rate" provisions
above. Investors should consider the risk that, if the Interest Rate (as defined above) is greater than 6.00% per annum, interest will
accrue at 6.00% per annum and the risk that the variable interest rate on the Medium-Term Notes may be less than that payable on a
conventional fixed rate debt security issued by Freddie Mac at the same time. Because the Medium-Term Notes may not pay a
significant amount of 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 variable rate of interest
payable on 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 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:
16746-3128X8G30



3




Historical Levels of 3-Month LIBOR

Hypothetical
3-Month LIBOR
Determination Date
Percentage
5/26/2007 5.36000
8/26/2007 5.50563
11/26/2007 5.05000
2/26/2008 3.09000
5/26/2008 2.64563
8/26/2008 2.80938
11/26/2008 2.18000
2/26/2009 1.26000


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 7, 2009
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5. Underwriter:
Greenwich Capital Markets, 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.

16746-3128X8G30