MCLEAN, Va., Nov. 30 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE:FRE) today issued its 2007 funding calendars. Freddie Mac's funding calendars provide announcement, pricing and settlement dates for Reference Notes(R) securities, potential issuance weeks for Reference REMIC(SM) securities and announcement and auction dates for Reference Bills(R) securities.

The 2007 funding calendars are available on the Debt and Mortgage Securities pages of the company's Web site at http://www.FreddieMac.com.

Freddie Mac's 2007 Reference Notes and Reference REMIC calendar provides dates for the release of its Quarterly Funding Announcements (QFA), which, as announced in 2006, will generally be on the last Wednesday of the month preceding each subsequent quarter. All Reference Notes issuance dates are optional until specified in the QFA. Freddie Mac will issue at least one new issue of 2-, 3-, 5- and 10-year Reference Notes during 2007. Five- and 10-year Reference Notes will continue to be issued on quarterly offering cycles, while 2- and 3-year Reference Notes may be issued in any month. Minimum Reference Notes offering sizes remain unchanged at $3 billion for 2-, 3-, 5- and 10-year new issues and there continues to be no minimum offering size for re-openings.

As in 2006, Freddie Mac's Reference Notes and Reference REMIC calendar includes optional monthly issuance windows for its Reference REMIC securities. Issuance of Reference REMIC securities will be subject to market conditions, including the availability of collateral and investor interest. Freddie Mac will continue to announce whether it plans to use the optional issuance window, and when relevant, confirm the timing of when it expects to issue a Reference REMIC security on the first business day of each month. Freddie Mac expects to issue at least one, but no more than three, Reference REMIC securities per quarter. Minimum Reference REMIC offering sizes remain unchanged at $1 billion.

In 2007, Freddie Mac will continue to offer 3-, 6- and 12-month Reference Bills via auction but will no longer auction 1-month Reference Bills. Additionally in 2007, Freddie Mac will auction all Reference Bills on Mondays unless the day is a holiday. If Monday is a holiday, the auction will occur on Tuesday. Reference Bill auction announcements occur at 10:30 a.m., EST, on Fridays. The minimum Reference Bill auction size remains unchanged at $1 billion.

This announcement is neither an offer to sell nor a solicitation of offers to buy any of these securities. Any such offering will be made only by an offering circular and pricing supplement. For additional information about Freddie Mac, please see our Web site at http://www.FreddieMac.com.

Freddie Mac is a stockholder-owned company established by Congress in 1970 to support homeownership and rental housing. Freddie Mac fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than four million renters in America. http://www.FreddieMac.com

Source: Freddie Mac