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For Immediate Release July
20,
2007
FREDDIE MAC PRICES NEW $3 BILLION THREE-YEAR AND $3 BILLION 10-YEAR REFERENCE NOTES® SECURITIESFreddie Mac (NYSE: FRE) announced today that it priced its new 5.125% $3 billion three-year USD Reference Notes® security due on August 23, 2010. The issue, CUSIP number 3137EAAX7, was priced at 99.769 to yield 5.205%, or 36.5 basis points more than three-year U.S. Treasury Notes. Freddie Mac also announced that it priced its new 5.50% $3 billion 10-year USD Reference Notes security due on August 23, 2017. The issue, CUSIP number 3137EAAY5, was priced at 99.916 to yield 5.51%, or 51.0 basis points more than 10-year U.S. Treasury Notes. Both Reference Notes securities issues will settle on July 23, 2007. The new three-year Reference Notes security was offered via a syndicate of dealers headed by Goldman Sachs Group, Morgan Stanley and UBS Investment Bank. The new 10-year Reference Notes security was offered via a syndicate of dealers headed by Citigroup Global Markets, Inc., J.P. Morgan Chase and Lehman Brothers. An application was made to list the issues on the Euro MTF market of the Luxembourg Stock Exchange. Including today's offerings, Freddie Mac has issued $35 billion of Reference Notes securities during 2007 and has approximately $244 billion in Reference Notes and Reference Bonds® securities outstanding. Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters. ###
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