Company: FMCCN
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001026214-25-000116
Chunk: 196

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 196
---
38,491 $14,716 Carrying amount38,255 14,675 Weighted average effective rate4.20 %4.59 %(1)Includes $1.0 billion of callable debt as of September 30, 2025. There was no callable debt as of December 31, 2024.

Freddie Mac 3Q 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 DebtSeptember 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 $102,819 $100,558 3.32 %2025 - 2054$130,965 $126,815 3.09 %Variable-rate(4) 2025 - 2035 60,620 60,610 4.86 2025 - 203435,906 35,893 5.16 Zero-coupon 2025 - 2039 4,748 3,406 6.27 2025 - 20394,748 3,254 6.22 Other(5) 2028 - 2053736 780 10.22 2025 - 20531,324 1,371 10.90 Total long-term debt$168,923 $165,354 3.97 $172,943 $167,333 3.65 (1)Represents par value, net of associated discounts or premiums and issuance costs. Includes $0.2 billion and $0.3 billion at September 30, 2025 and December 31, 2024, respectively, 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 $95.0 billion and $112.6 billion of callable debt as of September 30, 2025 and December 31,