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Key Program Features: Discount Notes
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Amounts: |
$1,000 minimum, in increments of $1,000 |
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Maturities: |
One year or less |
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Ratings: |
A1+/P1 when rated* |
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Dealer group: |
40 dealers, many with offices in all major global capital
markets |
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Offering time frame: |
Continually available (24 hours) on days in which Freddie
Mac is normally open for business, i.e., excluding Saturdays and Sundays
and holidays observed by U.S. financial markets |
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Clearing and Settlement: |
Fed Book-Entry System |
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Redemption: |
At par on maturity date, which must be a business day
in the U.S. markets |
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Documentation: |
Domestic discount note program |
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Governing Law: |
New York |
* Freddie Mac has not requested that all of its debt be rated,
but all debt which has been rated has received S&P’s and Moodys’
top ratings.
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