Obligation Freddy Mac 5% ( US3133F1VS36 ) en USD

Société émettrice Freddy Mac
Prix sur le marché 100 %  ⇌ 
Pays  Etas-Unis
Code ISIN  US3133F1VS36 ( en USD )
Coupon 5% par an ( paiement semestriel )
Echéance 15/06/2025 - Obligation échue



Prospectus brochure de l'obligation Freddie Mac US3133F1VS36 en USD 5%, échue


Montant Minimal 1 000 USD
Montant de l'émission 6 425 000 USD
Cusip 3133F1VS3
Notation Standard & Poor's ( S&P ) AAA ( Première qualité )
Notation Moody's Aaa ( Première qualité )
Description détaillée Freddie Mac est une société publique américaine qui achète et garantit des prêts hypothécaires résidentiels, contribuant ainsi à la stabilité du marché du logement.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3133F1VS36, paye un coupon de 5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 15/06/2025

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3133F1VS36, a été notée Aaa ( Première qualité ) par l'agence de notation Moody's.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3133F1VS36, a été notée AAA ( Première qualité ) par l'agence de notation Standard & Poor's ( S&P ).







Pricing Supplement No. 232 (Page 1 of 4)
(to Offering Circular dated April 2, 2004 and to
Offering Circular Supplement dated April 2, 2004)


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

Trade Date:
June 13, 2005
Issue Date:
June 16, 2005






Interest Payment

Subject to Redemption



Stated
Maturity
Price to 2
Original


Survivor's

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









Callable by Freddie Mac at


3133F1VN4
4.00%
December 15, 2009
100%
$2,979,000
Monthly
July 15, 2005
Yes
Yes
100% on June 15, 2006 and
0.875%
99.125%

continuously thereafter









Callable by Freddie Mac at


3133F1VR5
5.125%
June 15, 2020
100%
$11,857,000
Monthly
July 15, 2005
Yes
Yes
100% on June 15, 2006 and
1.250%
98.750%

continuously thereafter









Callable by Freddie Mac at


3133F1VS3
5.00%
June 15, 2025
100%
$6,425,000
Monthly
July 15, 2005
Yes
Yes
100% on June 15, 2009 and
1.520%
98.480%

continuously thereafter

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.

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 $5,000.



Pricing Supplement No. 232 (Page 2 of 4)
(to Offering Circular dated April 2, 2004 and to
Offering Circular Supplement dated April 2, 2004)

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

Trade Date:
June 13, 2005
Issue Date:
June 16, 2005






Interest Payment

Subject to Redemption



Stated
Maturity
Price to 2
Original


Survivor's

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









Callable by Freddie Mac at


3133F1VM6
*Step
December 15, 2009
100%
$6,684,000
Semi
December 15, 2005
Yes
Yes
100% on June 15, 2006 and
0.500%
99.500%

continuously thereafter



*Step Coupon Schedule:

June 16, 2005 to, but not including, June 15, 2006;
3.50%
June 15, 2006 to, but not including, June 15, 2007;
4.00%
June 15, 2007 to, but not including, June 15, 2008;
5.00%
June 15, 2008 to, but not including, June 15, 2009;
6.00%
June 15, 2009 to, but not including, December 15, 2009.
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.

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 $5,000.



Pricing Supplement No. 232 (Page 3 of 4)
(to Offering Circular dated April 2, 2004 and to
Offering Circular Supplement dated April 2, 2004)

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

Trade Date:
June 13, 2005
Issue Date:
June 16, 2005






Interest Payment

Subject to Redemption



Stated
Maturity
Price to 2
Original


Survivor's

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









Callable by Freddie Mac at


3133F1VP9
*Step
June 15, 2013
100%
$3,380,000
Semi
December 15, 2005
Yes
Yes
100% on June 15, 2006 and
0.625%
99.375%

continuously thereafter



*Step Coupon Schedule:

June 16, 2005 to, but not including, June 15, 2007;
4.00%
June 15, 2007 to, but not including, June 15, 2009;
5.00%
June 15, 2009 to, but not including, June 15, 2011;
6.00%
June 15, 2011 to, but not including, June 15, 2013;
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.

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 $5,000.



Pricing Supplement No. 232 (Page 4 of 4)
(to Offering Circular dated April 2, 2004 and to
Offering Circular Supplement dated April 2, 2004)

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

Trade Date:
June 13, 2005
Issue Date:
June 16, 2005






Interest Payment

Subject to Redemption



Stated
Maturity
Price to 2
Original


Survivor's

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









Callable by Freddie Mac at


3133F1VQ7
*Step
June 15, 2015
100%
$7,234,000
Monthly
July 15, 2005
Yes
Yes
100% on June 15, 2007 and
1.325%
98.675%

continuously thereafter



*Step Coupon Schedule:

June 16, 2005 to, but not including, June 15, 2007;
4.00%
June 15, 2007 to, but not including, June 15, 2009;
4.50%
June 15, 2009 to, but not including, June 15, 2011;
5.00%
June 15, 2011 to, but not including, June 15, 2013;
6.00%
June 15, 2013 to, but not including, June 15, 2015.
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.

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 $5,000.