Obbligazione Freddy Mac 0% ( US3128X9KH29 ) in USD

Emittente Freddy Mac
Prezzo di mercato 100 USD  ⇌ 
Paese  Stati Uniti
Codice isin  US3128X9KH29 ( in USD )
Tasso d'interesse 0%
Scadenza 28/10/2024 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Freddie Mac US3128X9KH29 in USD 0%, scaduta


Importo minimo 1 000 USD
Importo totale 50 000 000 USD
Cusip 3128X9KH2
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
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 US3128X9KH29, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 28/10/2024








PRICING SUPPLEMENT DATED October 15, 2009


(to Offering Circular Dated April 3, 2009)

$50,000,000

Freddie Mac

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

Issue Date:
October 28, 2009

Maturity Date:
October 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 January, April, July, and October, commencing
October 28, 2010
Interest Rate:
See "Description of the Medium-Term Notes" herein
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3128X9KH2


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%
.015%
99.985%
Total
$50,000,000
$7,500
$49,992,500

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


Deutsche Bank



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
LIBOR Reference Rate:
The rate of LIBOR for the Index Currency at the Index Maturity for the relevant
LIBOR Determination Date
Reset Date:
Quarterly, on the 28th day of January, April, July, and October, commencing
January 28, 2010.
LIBOR Determination Date:
The second London Banking Day preceding the applicable Reset Date
Spread:
Plus 178 basis points (+ 1.78 percentage points) subject to "Interest Rate"
provisions, as described below.
Interest Rate:
178 basis points above the LIBOR Reference Rate as defined above, subject to a
minimum interest rate of 0.00% and provided that if the Interest Rate (as
defined herein) is greater than 6.50% per annum, interest will accrue on the
Medium-Term Notes at 6.50% per annum. The Interest Rate will be adjusted on
each Reset Date to reflect the relevant LIBOR Reference Rate.
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 Reference Rate two London Banking Days prior to the Issue Date, plus
178 basis points, subject to the "Interest Rate" provisions above.
Cap: 6.50%
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 January, April, July, and October (each
such date, an "Interest Payment Date"), commencing January 28, 2010.


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 the LIBOR Reference Rate
plus a Spread of 178 basis points (+1.78 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 6.50% per annum, interest will accrue at 6.50% 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 the LIBOR Reference Rate, 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 the LIBOR
Reference Rate depends on a number of interrelated factors, including economic, financial and political events, over which Freddie
Mac has no control. The following graph sets forth the historical level of LIBOR for the Index Currency at the Index Maturity for the
period from January 1, 2000 to October 1, 2009.
17423-3128X9KH2



3






Historical Levels of USD 3-Month LIBOR



The historical level of LIBOR for the Index Currency at the Index Maturity should not be taken as an indication of the
future performance of the LIBOR Reference Rate during the term of the Medium-Term Notes. Fluctuations in the level of the
LIBOR Reference Rate make the Interest Rate of the Medium-Term Notes 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. No assurance can be given that
the Interest Rate will be above the Floor and below the Cap on any day of any Interest Payment Period during the term of the
Medium-Term Notes. We obtained the information in the graph above from Bloomberg Financial Markets, without independent
verification.

OFFERING:

1. Pricing
Date:
October 15, 2009
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5. Underwriter:
Deutsche Bank Securities 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.

17423-3128X9KH2