Obligation Freddy Mac 4.5% ( US3134G3CA66 ) en USD

Société émettrice Freddy Mac
Prix sur le marché 100 %  ⇌ 
Pays  Etas-Unis
Code ISIN  US3134G3CA66 ( en USD )
Coupon 4.5% par an ( paiement semestriel )
Echéance 15/12/2023 - Obligation échue



Prospectus brochure de l'obligation Freddie Mac US3134G3CA66 en USD 4.5%, échue


Montant Minimal 1 000 USD
Montant de l'émission 50 000 000 USD
Cusip 3134G3CA6
Notation Standard & Poor's ( S&P ) NR
Notation Moody's NR
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 US3134G3CA66, paye un coupon de 4.5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 15/12/2023

L'Obligation émise par Freddy Mac ( Etas-Unis ) , en USD, avec le code ISIN US3134G3CA66, 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 US3134G3CA66, a été notée NR par l'agence de notation Standard & Poor's ( S&P ).









PRICING SUPPLEMENT DATED November 21, 2011
(to Offering Circular Dated February 25, 2011)
$50,000,000

Freddie Mac

Step Medium-Term Notes Due December 15, 2023
Redeemable periodically, beginning June 15, 2012

Issue Date:
December 15, 2011
Maturity Date:
December 15, 2023
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 15th day of March, June, September, and December, commencing
June 15, 2012
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 June 15, 2012
Interest Payment Dates:
June 15 and December 15
Principal Payment:
At maturity, or upon redemption
CUSIP Number:
3134G3CA6


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%
.50%
99.50%
Total
$50,000,000
$250,000
$49,750,000

(1)
Plus accrued interest, if any, from December 15, 2011.
(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.
Stifel, Nicolaus & Company, Incorporated





2



OFFERING:

1. Pricing
Date:
November 21, 2011
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

Stifel, Nicolaus & Company, Incorporated
25,000,000




$50,000,000




STEP INTEREST RATES:
3.00% per annum from December 15, 2011 to, but not including, December 15, 2016;
3.25% per annum from December 15, 2016 to, but not including, December 15, 2018;
3.50% per annum from December 15, 2018 to, but not including, December 15, 2020;
4.00% per annum from December 15, 2020 to, but not including, December 15, 2021;
4.50% per annum from December 15, 2021 to, but not including, December 15, 2022;
5.00% per annum from December 15, 2022 to, but not including, December 15, 2023.

20478-3134G3CA6