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Discount Notes

Overview

Discount notes are short term U.S. dollar denominated unsecured general corporate obligations.

  • Maturities may range from overnight through one year, subject to daily corporate funding needs
  • May be acquired in denominations as small as $1,000
  • Are issued and maintained in book entry form through the Federal Reserve Bank of New York
  • Are offered with a variety of options for settlement dates, maturity dates and sizes

Key Program Features

Amounts $1,000 minimum, in increments of $1,000
Maturities One year or less
Ratings View our current credit ratings
Dealer group Find an approved dealer
Offering time frame Available on days other than (a) a Saturday, (b) a Sunday, (c) a day on which the Federal Reserve Bank of New York is closed, or (d) a day on which Freddie Mac’s offices are closed
Clearing and Settlement Fed Book-Entry System
Principal Repayment At par on maturity date, which must be a business day in the U.S. markets
Documentation Global Debt Facility
Governing law New York

 


Disclaimer

Information contained on this website Freddie Mac is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements.   

Any financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac does not undertake an obligation, and disclaims any duty, to update any of the information in those documents.