Obligation Freddy Mac 6% ( US3134G1TZ78 ) en USD

Freddy Mac

100 % ⇌

Etas-Unis

US3134G1TZ78 ( en USD )

6% par an ( paiement semestriel )

22/09/2025

Prospectus brochure de l'obligation Freddie Mac US3134G1TZ78 en USD 6%, échéance 22/09/2025

1 000 USD

50 000 000 USD

3134G1TZ7

NR

NR

22/09/2025 ( Dans 48 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.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G1TZ78, paye un coupon de 6% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 22/09/2025

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G1TZ78, a été notée NR par l'agence de notation Moody's.

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G1TZ78, a été notée NR par l'agence de notation Standard & Poor's ( S&P ).

PRICING SUPPLEMENT DATED September 1, 2010
(to Offering Circular Dated February 24, 2010)

$50,000,000

Freddie Mac

Step Medium-Term Notes Due September 22, 2025
Redeemable periodically, beginning March 22, 2011

Issue Date:
September 22, 2010
Maturity Date:
September 22, 2025
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 22nd day of March, June, September and December,
commencing March 22, 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 March 22, 2011
Interest Payment Dates:
March 22 and September 22
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3134G1TZ7

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%
.82%
99.18%
Total
$50,000,000
$410,000
$49,590,000

(1)
Plus accrued interest, if any, from September 22, 2010.
(2)
See "Distribution Arrangements" in the Offering Circular.
(3)
Before deducting expenses payable by Freddie Mac estimated at $1,000.

Morgan Stanley

2

OFFERING:

1. Pricing
Date:
September 1, 2010
2.
Method of Distribution:
x Principal
Agent
3. Concession:
N/A
4. Reallowance:
N/A
5. Underwriter:
Morgan Stanley & Co. Incorporated
6. Underwriter's
Counsel:
Sidley Austin LLP

STEP INTEREST RATES:
2.00% per annum from September 22, 2010 to, but not including, September 22, 2013;
3.00% per annum from September 22, 2013 to, but not including, September 22, 2016;
5.00% per annum from September 22, 2016 to, but not including, September 22, 2019;
6.00% per annum from September 22, 2019 to, but not including, September 22, 2022;
7.00% per annum from September 22, 2022 to, but not including, September 22, 2025.

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 the 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.

18871-3134G1TZ7