Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 77

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 77
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)Includes $2.5 billion and $2.0 billion as of June 30, 2025 and December 31, 2024, respectively, of debt of consolidated trusts that represents the fair value of debt for which the fair value option was elected.(2)The effective interest rate for debt of consolidated trusts was 3.12% and 3.01% as of June 30, 2025 and December 31, 2024, respectively.

Short-Term DebtThe table below summarizes the balances and effective interest rates for our short-term debt (debt with original maturities of one year or less).

Table 7.3 - Short-Term Debt (Dollars in millions)June 30, 2025December 31, 2024Par value$21,366 $14,716 Carrying amount21,218 14,675 Weighted average effective rate4.31 %4.59 %

Freddie Mac 2Q 2025 Form 10-Q69

Financial Statements                         Notes to the Condensed Consolidated Financial Statements | Note 7

Long-Term DebtThe table below summarizes our long-term debt.Table 7.4 - Long-Term DebtJune 30, 2025December 31, 2024(Dollars in millions)Contractual MaturityPar ValueCarrying Amount(1)WeightedAverageEffective Rate(2)Contractual MaturityPar ValueCarrying Amount(1)WeightedAverageEffective Rate(2)Fixed-rate(3) 2025 - 2054 $124,173 $121,423 3.18 %2025 - 2054$130,965 $126,815 3.09 %Variable-rate(4) 2025 - 2035 47,075 47,067 4.99 2025 - 203435,906 35,893 5.16 Zero-coupon 2025 - 2039 4,748 3,354 6.25 2025 - 20394,748 3,254 6.22 Other(5) 2028 - 2053786 815 10.17 2025 - 20531,324 1,371 10.90 Total long-term debt$176,782 $172,659 3.76 $172,943 $167,333 3