Company: FMCCN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001026214-25-000060
Chunk: 69

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 15
Chunk 69
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,091 5.16 2025 - 203435,906 35,893 5.16 Zero-coupon 2025 - 2039 4,748 3,303 6.24 2025 - 20394,748 3,254 6.22 Other(5) 2025 - 20531,249 1,292 10.83 2025 - 20531,324 1,371 10.90 Total long-term debt$170,207 $165,446 3.71 $172,943 $167,333 3.65 (1)Represents par value, net of associated discounts or premiums and issuance costs. Includes $0.3 billion at both March 31, 2025 and December 31, 2024 of long-term debt that represents the fair value of debt for which the fair value option was elected. Includes hedge-related basis adjustments.(2)Based on carrying amount. Excludes hedge-related basis adjustments.(3)Includes $112.7 billion and $112.6 billion of callable debt as of March 31, 2025 and December 31, 2024, respectively.(4)Includes $1.5 billion and $1.3 billion of callable debt as of March 31, 2025 and December 31, 2024, respectively.(5)Includes STACR, SCR debt notes, and IO debt.A portion of our long-term debt is callable. Callable debt gives us the option to redeem the debt security at par on one or more specified call dates or at any time on or after a specified call date.

The table below summarizes contractual maturities of long-term debt securities at March 31, 2025.Table 7.5 - Contractual Maturities of Long-Term Debt(1) (In millions)Par Value2025$40,859 202642,409 202716,041 202814,108 202924,344 Thereafter31,197 Total$168,958 (1)Excludes $1.2 billion of STACR and $0.1 billion of SCR debt notes. Contractual maturities of these debt securities are not presented because they are subject to prepayment risk, as their payments are based upon the performance of a pool of mortgage assets that may be prepaid by the related mortgage borrowers at any