Obbligazione Freddy Mac 4% ( US3133F4QA22 ) in USD

Emittente Freddy Mac
Prezzo di mercato 100 USD  ▲ 
Paese  Stati Uniti
Codice isin  US3133F4QA22 ( in USD )
Tasso d'interesse 4% per anno ( pagato 2 volte l'anno)
Scadenza 15/03/2025 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Freddie Mac US3133F4QA22 in USD 4%, scaduta


Importo minimo 1 000 USD
Importo totale 27 275 000 USD
Cusip 3133F4QA2
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating N/A
Descrizione dettagliata Freddie Mac è una società pubblica statunitense che acquista e garantisce mutui ipotecari residenziali, contribuendo alla stabilità del mercato immobiliare.

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3133F4QA22, pays a coupon of 4% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 15/03/2025
The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3133F4QA22, was rated AA+ ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







Pricing Supplement No. 477 (Page 1 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4PW5
3.00%
March 15, 2016
100%
$17,763,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
0.970%
99.030%

December, commencing
March 15, 2011









Callable quarterly on the 15th day


3133F4PZ8
4.00%
March 15, 2020
100%
$19,076,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
1.265%
98.735%

December, commencing
March 15, 2011









Callable quarterly on the 15th day


3133F4QB0
4.50%
March 15, 2030
100%
$20,348,000
Monthly
April 15, 2010
Yes
Yes
of March, June, September, and
2.840%
97.160%

December, commencing
March 15, 2014
FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN


Pricing Supplement No. 477 (Page 2 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4PU9
*Step
March 15, 2014
100%
$16,027,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
0.830%
99.170%

December, commencing
March 15, 2011


*Step Coupon Schedule

March 11, 2010 to, but not including, March 15, 2011;
1.00%
March 15, 2011 to, but not including, March 15, 2012;
1.50%
March 15, 2012 to, but not including, March 15, 2013;
3.00%
March 15, 2013 to, but not including, March 15, 2014.
4.00%
FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN


Pricing Supplement No. 477 (Page 3 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4PV7
*Step
March 15, 2015
100%
$84,248,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
0.685%
99.315%

December, commencing
March 15, 2011


*Step Coupon Schedule

March 11, 2010 to, but not including, March 15, 2012;
2.00%
March 15, 2012 to, but not including, March 15, 2013;
2.50%
March 15, 2013 to, but not including, March 15, 2014;
3.00%
March 15, 2014 to, but not including, March 15, 2015.
5.00%

FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN


Pricing Supplement No. 477 (Page 4 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4PX3
*Step
March 15, 2018
100%
$27,972,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
1.360%
98.640%

December, commencing
March 15, 2011


*Step Coupon Schedule

March 11, 2010 to, but not including, March 15, 2012;
2.50%
March 15, 2012 to, but not including, March 15, 2014;
3.00%
March 15, 2014 to, but not including, March 15, 2015;
4.00%
March 15, 2015 to, but not including, March 15, 2016;
5.00%
March 15, 2016 to, but not including, March 15, 2017;
6.00%
March 15, 2017 to, but not including, March 15, 2018.
7.00%

FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN


Pricing Supplement No. 477 (Page 5 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4PY1
*Step
March 15, 2020
100%
$40,139,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
1.725%
98.275%

December, commencing
March 15, 2011


*Step Coupon Schedule

March 11, 2010 to, but not including, March 15, 2013;
3.00%
March 15, 2013 to, but not including, March 15, 2016;
4.00%
March 15, 2016 to, but not including, March 15, 2018;
5.00%
March 15, 2018 to, but not including, March 15, 2019;
6.00%
March 15, 2019 to, but not including, March 15, 2020.
7.00%

FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN


Pricing Supplement No. 477 (Page 6 of 6)
(to Offering Circular dated February 24, 2010)


Freddie Mac
FreddieNotes® Securities
With Maturities of 12 Months or More from Date of Issue

Trade Date:
March 8, 2010
Issue Date:
March 11, 2010






Interest Payment

Subject to Redemption



Interest
Maturity
Price to 2
Original


Survivor's


Discounts
Proceeds to
CUSIP
Rate1
Date
Public 3
Principal
Frequency
First Payment
Option
Yes/No
Date and Terms of redemption
and
Freddie Mac
Amount
Commissions
4









Callable quarterly on the 15th day


3133F4QA2
*Step
March 15, 2025
100%
$27,275,000
Semi
September 15, 2010
Yes
Yes
of March, June, September, and
1.230%
98.770%

December, commencing
March 15, 2011


*Step Coupon Schedule

March 11, 2010 to, but not including, March 15, 2016;
4.00%
March 15, 2016 to, but not including, March 15, 2019;
5.00%
March 15, 2019 to, but not including, March 15, 2022;
6.00%
March 15, 2022 to, but not including, March 15, 2025.
7.00%

FreddieNotes are obligations of Freddie Mac only. FreddieNotes, including any interest or return of discount on FreddieNotes, are not guaranteed by and are not debts or obligations of the
United States or any agency or instrumentality of the United States 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.

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February 24, 2010(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.

Original Issue Discount Note: No
Total Amount of OID: N/A

1.
The interest rates on the FreddieNotes may be changed by Freddie Mac from time to time, but any such change will not affect the interest rate on any FreddieNotes offered prior to the
effective date of the change.
2.
Expressed as a percentage of aggregate principal amount.
3.
See "Supplemental Plan of Distribution" in the Offering Circular Supplement and "Distribution Arrangements" in the Offering Circular for additional information concerning price to public
and underwriting compensation.
4.
Before deducting expenses payable by Freddie Mac estimated at $1,000.

18072-18079FN