Obbligazione Freddy Mac 3.5% ( US3134G3KQ27 ) in USD

Freddy Mac

100 USD ⇌

Stati Uniti

US3134G3KQ27 ( in USD )

3.5% per anno ( pagato 2 volte l'anno)

01/02/2027

Prospetto opuscolo dell'obbligazione Freddie Mac US3134G3KQ27 en USD 3.5%, scadenza 01/02/2027

1 000 USD

50 000 000 USD

3134G3KQ2

NR

NR

01/02/2026 ( In 47 giorni )

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 US3134G3KQ27, pays a coupon of 3.5% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 01/02/2027

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3134G3KQ27, was rated NR by Moody's credit rating agency.

The Obbligazione issued by Freddy Mac ( United States ) , in USD, with the ISIN code US3134G3KQ27, was rated NR by Standard & Poor's ( S&P ) credit rating agency.

PRICING SUPPLEMENT DATED January 12, 2012
(to Offering Circular Dated February 25, 2011)

$50,000,000

Freddie Mac

Step Medium-Term Notes Due February 1, 2027
Redeemable periodically, beginning February 1, 2013

Issue Date:
February 1, 2012
Maturity Date:
February 1, 2027
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 1st day of February, May, August, and November, commencing
February 1, 2013
Interest Rate:
The Medium-Term Notes bear interest at different fixed rates, during different
periods. (See "Step Interest Rates" herein.)
Frequency of Interest Payments:
Semiannually, in arrears, commencing August 1, 2012
Interest Payment Dates:
February 1 and August 1
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3134G3KQ2

You should read this Pricing Supplement together with Freddie Mac's Global Debt Facility Offering Circular, dated February
25, 2011 (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 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%
.28%
99.72%
Total
$50,000,000
$140,000
$49,860,000

(1)
Plus accrued interest, if any, from February 1, 2012.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.

First Tennessee Bank N.A.

Citigroup Global Markets Inc.

2

OFFERING:

1. Pricing
Date:
January 12, 2012
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5. Syndication:
Yes:

Underwriter

Underwriting Commitment

First Tennessee Bank National Association (the "Representative")
$25,000,000

Citigroup Global Markets Inc.
25,000,000

$50,000,000

STEP INTEREST RATES:
3.000% per annum from February 1, 2012 to, but not including, February 1, 2017;
3.125% per annum from February 1, 2017 to, but not including, February 1, 2022;
3.500% per annum from February 1, 2022 to, but not including, February 1, 2023;
4.000% per annum from February 1, 2023 to, but not including, February 1, 2024;
4.500% per annum from February 1, 2024 to, but not including, February 1, 2025;
5.000% per annum from February 1, 2025 to, but not including, February 1, 2026;
6.000% per annum from February 1, 2026 to, but not including, February 1, 2027.

20659-3134G3KQ2