Obligation Freddy Mac 4% ( US3133F4XD87 ) en USD

Freddy Mac

100 % ⇌

Etas-Unis

US3133F4XD87 ( en USD )

4% par an ( paiement semestriel )

15/08/2028

Prospectus brochure de l'obligation Freddie Mac US3133F4XD87 en USD 4%, échéance 15/08/2028

1 000 USD

45 832 000 USD

3133F4XD8

AA+ ( Haute qualité )

Aaa ( Première qualité )

15/08/2025 ( Dans 10 jours )

Freddie Mac est une société publique américaine qui achète et garantit des prêts hypothécaires résidentiels, contribuant ainsi à la stabilité du marché du logement.

Cet article analyse une obligation spécifique portant le code ISIN US3133F4XD87 et le code CUSIP 3133F4XD8, émise par Freddie Mac, également connue sous le nom de Federal Home Loan Mortgage Corporation, une entreprise parrainée par le gouvernement (GSE) des États-Unis dont la mission principale est de soutenir le marché secondaire des prêts hypothécaires résidentiels en achetant et en titrisant des prêts afin d'améliorer la liquidité du marché du logement et de faciliter l'accès au financement pour les consommateurs américains. Dénommée en dollars américains (USD) et émise depuis les États-Unis, cette obligation offre un taux d'intérêt nominal de 4%, versé à une fréquence semestrielle, soit deux fois par an, et est actuellement négociée à 100% de sa valeur nominale sur le marché. L'émission représente une taille totale de 45 832 000 USD, avec une taille minimale à l'achat fixée à 1 000 USD, et arrivera à maturité le 15 août 2028. Sa qualité de crédit est attestée par des notations exceptionnellement élevées : AA+ attribuée par Standard & Poor's (S&P) et Aaa par Moody's, la plus haute notation possible, reflétant une très forte capacité de l'émetteur à honorer ses engagements financiers, conférant à cette obligation un profil de risque faible, souvent associé aux titres quasi-gouvernementaux en raison de l'implication implicite ou explicite du gouvernement américain.

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4XA4
3.00%
February 15, 2020
100%
$12,878,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
1.487%
98.513%

November, commencing
August 15, 2011

Callable quarterly on the 15th day

3133F4XD8
4.00%
August 15, 2028
100%
$45,832,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
1.335%
98.665%

November, commencing
August 15, 2011

Callable quarterly on the 15th day

3133F4XE6
3.80%
August 15, 2030
100%
$8,567,000
Monthly
September 15, 2010
Yes
Yes
of February, May, August, and
2.924%
97.076%

November, commencing
August 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.

18745-18752FN

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4WX5
*Step
August 15, 2014
100%
$12,908,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
0.685%
99.315%

November, commencing
August 15, 2011

*Step Coupon Schedule:

August 05, 2010 to, but not including, August 15, 2011;
0.75%
August 15, 2011 to, but not including, August 15, 2012;
1.00%
August 15, 2012 to, but not including, August 15, 2013;
1.50%
August 15, 2013 to, but not including, August 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.

18745-18752FN

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4WY3
*Step
August 15, 2015
100%
$28,427,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
0.979%
99.021%

November, commencing
August 15, 2011

*Step Coupon Schedule:

August 05, 2010 to, but not including, August 15, 2012;
1.00%
August 15, 2012 to, but not including, August 15, 2013;
1.50%
August 15, 2013 to, but not including, August 15, 2014;
3.00%
August 15, 2014 to, but not including, August 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.

18745-18752FN

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4WZ0
*Step
August 15, 2017
100%
$16,634,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
1.403%
98.597%

November, commencing
August 15, 2011

*Step Coupon Schedule:

August 05, 2010 to, but not including, August 15, 2012;
1.50%
August 15, 2012 to, but not including, August 15, 2013;
2.00%
August 15, 2013 to, but not including, August 15, 2014;
2.50%
August 15, 2014 to, but not including, August 15, 2015;
3.00%
August 15, 2015 to, but not including, August 15, 2016;
4.00%
August 15, 2016 to, but not including, August 15, 2017.
6.00%
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.

18745-18752FN

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4XB2
*Step
August 15, 2020
100%
$41,088,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
1.369%
98.631%

November, commencing
August 15, 2011

*Step Coupon Schedule:

August 05, 2010 to, but not including, August 15, 2012;
2.00%
August 15, 2012 to, but not including, August 15, 2014;
3.00%
August 15, 2014 to, but not including, August 15, 2016;
3.50%
August 15, 2016 to, but not including, August 15, 2018;
4.00%
August 15, 2018 to, but not including, August 15, 2019;
5.00%
August 15, 2019 to, but not including, August 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.

18745-18752FN

Pricing Supplement No.498 (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:
August 2, 2010
Issue Date:
August 5, 2010

Interest Payment

Subject to Redemption

Interest
Maturity
Price to 2
Original

Surviv

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

Callable quarterly on the 15th day

3133F4XC0
*Step
August 15, 2025
100%
$37,584,000
Semi
February 15, 2011
Yes
Yes
of February, May, August, and
1.369%
98.631%

November, commencing
August 15, 2011

*Step Coupon Schedule:

August 05, 2010 to, but not including, August 15, 2014;
3.00%
August 15, 2014 to, but not including, August 15, 2018;
4.00%
August 15, 2018 to, but not including, August 15, 2020;
4.50%
August 15, 2020 to, but not including, August 15, 2022;
5.00%
August 15, 2022 to, but not including, August 15, 2023;
5.50%
August 15, 2023 to, but not including, August 15, 2024;
6.00%
August 15, 2024 to, but not including, August 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.

18745-18752FN