Obligation Freddy Mac 5.5% ( US3134G1RW65 ) en USD

Freddy Mac

100 % ⇌

Etas-Unis

US3134G1RW65 ( en USD )

5.5% par an ( paiement semestriel )

25/08/2022 - Obligation échue

Prospectus brochure de l'obligation Freddie Mac US3134G1RW65 en USD 5.5%, échue

1 000 USD

50 000 000 USD

3134G1RW6

N/A

N/A

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

Le titre de créance objet de cette analyse, identifié par le code ISIN US3134G1RW65 et le code CUSIP 3134G1RW6, est une obligation émise par Freddie Mac (Federal Home Loan Mortgage Corporation), une entreprise parrainée par le gouvernement des États-Unis. En tant qu'institution clé du marché financier américain, Freddie Mac joue un rôle essentiel dans le secteur hypothécaire en assurant la liquidité du marché secondaire des prêts immobiliers, notamment en achetant des prêts hypothécaires aux prêteurs et en les regroupant en titres garantis par des hypothèques (MBS) pour les vendre aux investisseurs. Cette obligation spécifique, libellée en dollars américains (USD) et émise sur le territoire des États-Unis, offrait un taux d'intérêt nominal de 5,5% avec des paiements d'intérêts effectués deux fois par an. Le volume total de cette émission s'élevait à 50 000 000 USD, avec des tranches minimales d'acquisition fixées à 1 000 USD. Ayant atteint sa date de maturité le 25 août 2022, cette obligation a été remboursée à sa valeur nominale de 100%, confirmant ainsi la conclusion de son cycle de vie financier et le remboursement aux investisseurs.

PRICING SUPPLEMENT DATED August 10, 2010
(to Offering Circular Dated February 24, 2010)

$50,000,000

Freddie Mac

Step Medium-Term Notes Due August 25, 2022
Redeemable periodically, beginning February 25, 2011

Issue Date:
August 25, 2010
Maturity Date:
August 25, 2022
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 25th day of February, May, August and November, commencing
February 25, 2011
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 February 25, 2011
Interest Payment Dates:
February 25 and August 25
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3134G1RW6

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.

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%
.53%
99.47%
Total
$50,000,000
$265,000
$49,735,000

(1)
Plus accrued interest, if any, from August 25, 2010.
(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. Amherst Securities Group, L.P.

2

OFFERING:

1. Pricing
Date:
August 10, 2010
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")
$30,000,000

Amherst Securities Group, L.P.
20,000,000

$50,000,000

STEP INTEREST RATES:
3.00% per annum from August 25, 2010 to, but not including, August 25, 2014;
3.50% per annum from August 25, 2014 to, but not including, August 25, 2018;
4.00% per annum from August 25, 2018 to, but not including, August 25, 2020;
5.50% per annum from August 25, 2010 to, but not including, August 25, 2022.

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 an 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.

18795-3134G1RW6