Obbligazione Goldman Sachs 1.388% ( US38141GMR29 ) in USD

Goldman Sachs

85.74 USD ▲

Stati Uniti

US38141GMR29 ( in USD )

1.388% per anno ( pagato 2 volte l'anno)

11/02/2028

Prospetto opuscolo dell'obbligazione Goldman Sachs US38141GMR29 en USD 1.388%, scadenza 11/02/2028

1 000 USD

31 000 000 USD

38141GMR2

BBB+ ( Lower medium grade - Investment-grade )

11/08/2025 ( In 169 giorni )

Goldman Sachs è una banca d'investimento multinazionale americana che offre servizi di investimento bancario, gestione patrimoniale e trading a clienti istituzionali e privati.

The Obbligazione issued by Goldman Sachs ( United States ) , in USD, with the ISIN code US38141GMR29, pays a coupon of 1.388% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 11/02/2028

The Obbligazione issued by Goldman Sachs ( United States ) , in USD, with the ISIN code US38141GMR29, was rated NR by Moody's credit rating agency.

The Obbligazione issued by Goldman Sachs ( United States ) , in USD, with the ISIN code US38141GMR29, was rated BBB+ ( Lower medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

Prospectus Supplement No. 1953 dated February 6, 2013
http://www.sec.gov/Archives/edgar/data/886982/000119312513046136/d484350d424b2.htm
424B2 1 d484350d424b2.htm PROSPECTUS SUPPLEMENT NO. 1953 DATED FEBRUARY 6, 2013
Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-176914

Prospectus Supplement to the Prospectus dated September 19, 2011
and the Prospectus Supplement dated September 19, 2011 -- No. 1953

$31,000,000
Cal able Quarterly CMS Spread-Linked Medium-Term Notes,

Series D, due 2028

The notes wil mature on the stated maturity date (February 11, 2028).
We may redeem your notes at 100% of their face amount plus any accrued and unpaid interest on any quarterly interest payment date on or after
February 11, 2014.
On the stated maturity date, we wil pay you an amount in cash equal to the face amount of your notes plus accrued and unpaid interest, if any. The notes
wil pay interest quarterly, beginning May 11, 2013. For each of the first four interest periods, interest wil be paid at a rate of 9.00% per annum. For each interest
period thereafter, the amount of interest you wil be paid each quarter wil be based on the product of 4 times the CMS spread (the difference between the
30-year CMS rate minus the 5-year CMS rate on the relevant interest determination date, which wil be the second U.S. Government securities business day
preceding the respective interest period) minus 0.20%, subject to the maximum interest rate of 9.25% per annum.
For each quarterly interest period after the fourth interest period, the interest rate per annum for such interest period wil equal:

· if (i) the CMS spread minus 0.20% times (ii) 4 is greater than or equal to 9.25%, the maximum interest rate of 9.25%;

· if (i) the CMS spread minus 0.20% times (ii) 4 is less than 9.25% but greater than 0%, (i) the CMS spread minus 0.20% times (i ) 4; or

· if (i) the CMS spread minus 0.20% times (ii) 4 is equal to or less than 0%, 0%.
After the first four interest periods, if on any interest determination date the 30-year CMS rate does not exceed the 5-year CMS rate by more than
0.20%, you will receive no interest on your notes for such interest period, even if the CMS spread minus 0.20% on subsequent days is greater than
0%. Furthermore, after the first four interest periods, the interest rate per annum will be subject to a maximum interest rate of 9.25%.
Your investment in the notes involves certain risks, including, among other things, our credit risk. See page S-4.
The foregoing is only a brief summary of the terms of your notes. You should read the additional disclosure provided herein so that you my better understand
the terms and risks of your investment.
The estimated value of your notes at the time the terms of your notes were set on the trade date (as determined by reference to pricing models
used by Goldman, Sachs & Co. and taking into account our credit spreads) was equal to approximately $922 per $1,000 face amount, which is less
than the original issue price. The value of your notes at any time will reflect many factors and cannot be predicted.

Original issue date:
February 11, 2013

Underwriting discount:
4.434% of the face amount

Original issue price:
100% of the face amount

Net proceeds to issuer:
95.566% of the face amount
Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed
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upon the accuracy or adequacy of this prospectus supplement, the accompanying prospectus supplement or the accompanying prospectus. Any
representation to the contrary is a criminal offense. The notes are not bank deposits and are not insured by the Federal Deposit Insurance
Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.

Prospectus Supplement dated February 6, 2013.
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The issue price, underwriting discount and net proceeds listed on the cover page hereof relate to the notes we sel initial y. We may decide to sell additional
notes after the date of this prospectus supplement, at issue prices and with underwriting discounts and net proceeds that differ from the amounts set forth above.
The return (whether positive or negative) on your investment in notes wil depend in part on the issue price you pay for such notes.
Goldman Sachs may use this prospectus supplement in the initial sale of the offered notes. In addition, Goldman, Sachs & Co., or any other affiliate of
Goldman Sachs may use this prospectus supplement in a market-making transaction in a note after its initial sale. Unless Goldman Sachs or its agent informs
the purchaser otherwise in the confirmation of sale, this prospectus supplement is being used in a market-making transaction.
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SUMMARY INFORMATION

We refer to the notes we are offering by this prospectus supplement as the "offered notes" or the "notes". Each of the offered notes, including your
notes, has the terms described below and under "Specific Terms of Your Notes" on page S-10. Please note that in this prospectus supplement, references
to "The Goldman Sachs Group, Inc.", "we", "our" and "us" mean only The Goldman Sachs Group, Inc. and do not include its consolidated subsidiaries.
Also, references to the "accompanying prospectus" mean the accompanying prospectus, dated September 19, 2011 as supplemented by the accompanying
prospectus supplement, dated September 19, 2011, relating to Medium-Term Notes, Series D, of The Goldman Sachs Group, Inc. References to the
"indenture" in this prospectus supplement mean the senior debt indenture, dated July 16, 2008, between The Goldman Sachs Group, Inc. and The Bank of
New York Mellon, as trustee.
Key Terms

Issuer: The Goldman Sachs Group, Inc.
sale or maturity of the notes wil be taxed as ordinary interest income.
CMS spread: on any interest determination date, the difference of the
Trade date: February 6, 2013
30-year CMS rate minus the 5-year CMS rate.
Original issue date (settlement date): February 11, 2013
30-year CMS rate: for any interest determination date, the 30-year U.S.
dol ar interest rate swap rate (as described on page S-11) on such day,
Stated maturity date: February 11, 2028, subject to our early redemption
subject to adjustment as described elsewhere in this prospectus supplement
right and to adjustment as described under "Specific Terms of Your Notes --
Payment of Principal on Stated Maturity Date -- Stated Maturity Date" on
5-year CMS rate: for any interest determination date, the 5-year U.S. dol ar
page S-11
interest rate swap rate (as described on page S-11) on such day, subject to
adjustment as described elsewhere in this prospectus supplement
Specified currency: U.S. dol ars ("$")
Face amount: each note wil have a face amount equal to $1,000;
Denominations: $1,000 or integral multiples of $1,000 in excess thereof
$31,000,000 in the aggregate for al the offered notes; the aggregate face
Interest payment dates: expected to be February 11, May 11, August 11
amount of the offered notes may be increased if the issuer, at its sole option,
and November 11 of each year, beginning on May 11, 2013, and ending on
decides to sel an additional amount of the offered notes on a date
the stated maturity date, subject to adjustments as described elsewhere in
subsequent to the date of this prospectus supplement
the prospectus supplement
Supplemental discussion of U.S. federal income tax consequences: We
Early redemption: we have the right to redeem your notes, in whole but not
intend to treat the notes as debt instruments subject to the special rules
in part, at a price equal to 100% of the face amount plus accrued and unpaid
governing contingent payment debt instruments for U.S. federal income tax
interest, on each interest payment date on or after February 11, 2014,
purposes. Under this treatment, it is the opinion of Sidley Austin LLP that if you
subject to five business days' prior notice
are a U.S. individual or taxable entity, you generally should be required to pay
taxes on ordinary income from the notes over their term based on the
Interest rate: for the first four interest periods, the interest rate wil be
comparable yield for the notes, subject to any positive and negative
9.00% per annum. For each interest period thereafter, subject to our early
adjustments based on the actual interest payments on the notes. In addition,
redemption right, the interest rate wil be based upon the CMS spread on the
any gain you may recognize on the
relevant interest determination date for such interest period and wil be a rate
per annum equal to:

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·
if (i) the CMS spread minus 0.20% times (ii) 4 is greater than or
Interest determination dates: for each interest period after the first four

equal to the maximum interest rate: the maximum interest rate;
interest periods, the second U.S. Government securities business day

preceding such interest period
·
if (i) the CMS spread minus 0.20% times (ii) 4 is less than the

maximum interest rate but greater than 0%: (i) the CMS spread
Interest period: the period from and including each interest payment date (or
minus 0.20% times (ii) 4; or
the original issue date, in the case of the initial interest period) to but

excluding the next succeeding interest payment date (or the stated maturity
·
if (i) the CMS spread minus 0.20% times (ii) 4 is equal to or less

date, in the case of the final interest period)
than 0%: 0%
FDIC: The notes are not bank deposits and are not insured by the Federal
Maximum interest rate: 9.25% per annum
Deposit Insurance Corporation (the "FDIC") or any other governmental
Day count convention: 30/360 (ISDA)
agency, nor are they obligations of, or guaranteed by, a bank
Business day convention: fol owing unadjusted
Calculation agent: Goldman, Sachs & Co.
Regular record dates: the scheduled business day immediately preceding
CUSIP no.: 38141GMR2
each interest payment date
ISIN no.: US38141GMR29
Defeasance: not applicable
No listing: the offered notes wil not be listed or displayed on any securities
exchange or interdealer market quotation system
Business day: as described on page S-13
U.S. Government securities business day: any day except for a Saturday,
Sunday or a day on which the Securities Industry and Financial Markets
Association recommends that the fixed income department of its members be
closed for the entire day for purposes of trading in U.S. government
securities

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ADDITIONAL RISK FACTORS SPECIFIC TO YOUR NOTES

An investment in your notes is subject to the risks described below, as well as the risks described under "Considerations Relating to Indexed
Securities" in the accompanying prospectus dated September 19, 2011. You should carefully review these risks as well as the terms of the notes described
herein and in the accompanying prospectus, dated September 19, 2011, as supplemented by the accompanying prospectus supplement, dated
September 19, 2011, of The Goldman Sachs Group, Inc. Your notes are a riskier investment than ordinary debt securities. You should carefully consider
whether the offered notes are suited to your particular circumstances.

The Estimated Value of Your Notes At the Time the Terms of Your Notes
used by others. See "-- The Market Value of Your Notes May Be Influenced
Were Set On the Trade Date (as Determined By Reference to Pricing
by Many Factors That Are Unpredictable and Interrelated in Complex Ways"
Models Used By Goldman, Sachs & Co.) Was Less Than the Original
below.
Issue Price Of Your Notes
The difference between the estimated value of your notes as of the time
The original issue price for your notes exceeds the estimated value of
the terms of your notes were set on the trade date and the original issue
your notes as of the time the terms of your notes were set on the trade date,
price is a result of certain factors, including principal y the underwriting
as determined by reference to Goldman, Sachs & Co.'s pricing models and
discount and commissions, the expenses incurred in creating, documenting
taking into account our credit spreads. Such estimated value on the trade
and marketing the notes, and an estimate of the difference between the
date is set forth on the cover of this prospectus supplement; after the trade
amounts we pay to Goldman, Sachs & Co. and the amounts Goldman,
date, the estimated value as determined by reference to these models wil be
Sachs & Co. pays to us in connection with your notes. We pay to Goldman,
affected by changes in market conditions, our creditworthiness and other
Sachs & Co. amounts based on what we would pay to holders of a
relevant factors. If Goldman, Sachs & Co. buys or sel s your notes it wil do
non-structured note with a similar maturity. In return for such payment,
so at prices that reflect the estimated value determined by reference to such
Goldman, Sachs & Co. pays to us the amounts we owe under your notes.
pricing models at that time, plus or minus then current bid and ask spread for
similar sized trades of structured notes.
In addition to the factors discussed above, the value and quoted price of
your notes at any time wil reflect many factors and cannot be predicted. If
In estimating the value of your notes as of the time the terms of your
Goldman, Sachs & Co. makes a market in the notes, the price quoted by
notes were set on the trade date, as disclosed on the front cover of this
Goldman, Sachs & Co. would reflect any changes in market conditions and
prospectus supplement, Goldman, Sachs & Co.'s pricing models consider
other relevant factors, including any deterioration in our creditworthiness or
certain variables, including principal y our credit spreads, interest rates
perceived creditworthiness. These changes may adversely affect the value of
(forecasted, current and historical rates), volatility, price-sensitivity analysis
your notes, including the price you may receive for your notes in any market
and the time to maturity of the notes. These pricing models are proprietary
making transaction. To the extent that Goldman, Sachs & Co. makes a
and rely in part on certain assumptions about future events, which may prove
market in the notes, the quoted price wil reflect the estimated value
to be incorrect. As a result, the actual value you would receive if you sold
determined by reference to Goldman, Sachs & Co.'s pricing models at that
your notes in the secondary market, if any, to others may differ, perhaps
time, plus or minus its then current bid and ask spread for similar sized trades
material y, from the estimated value of your notes determined by reference to
of structured notes.
our models due to, among other things, any differences in pricing models or
assumptions
Furthermore, if you sel your notes, you wil likely be charged a
commission for secondary

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market transactions, or the price wil likely reflect a dealer discount. This
value of your notes. Even if the CMS spread less 0.20% is greater than 0%
commission or discount wil further reduce the proceeds you would receive
during some portion of the life of the offered notes after the first four interest
for your notes in a secondary market sale.
periods, the market value of your notes may not increase in the same
manner. We discuss some of the reasons for this disparity under "-- The
There is no assurance that Goldman, Sachs & Co. or any other party wil
Market Value of Your Notes May Be Influenced by Many Factors That Are
be wil ing to purchase your notes at any price and, in this regard, Goldman,
Unpredictable and Interrelated in Complex Ways" above.
Sachs & Co. is not obligated to make a market in the notes. See "-- Your
Notes May Not Have an Active Trading Market" below.
Because of the long-dated maturity of your notes, the expected future
performance of the CMS spread wil have a greater impact on the market
Furthermore, if you sell your notes, you will likely be charged a
value of your notes than if your notes had an earlier maturity date. In
commission for secondary market transactions, or the price wil likely reflect
particular, the expected future performance of the CMS spread may cause
a dealer discount.
the market value of your notes to decrease even though the CMS spread
minus 0.20% may be greater than 0% during some portion of the life of the
There is no assurance that Goldman, Sachs & Co. or any other party wil
be wil ing to purchase your notes; and, in this regard, Goldman, Sachs & Co.
offered notes. Moreover, expectations about the performance of the CMS
is not obligated to make a market in the notes. See "-- Your Notes May Not
spread in the future are subject to a great degree of uncertainty and may be
Have an Active Trading Market" below.
based on assumptions about the future that may prove to be incorrect. Even
if the expected future performance of the CMS spread is favorable to your
The Notes Are Subject to the Credit Risk of the Issuer
notes, this uncertainty may result in market participants substantial y
discounting this future performance when determining the market value of
Although the return on the notes wil be based in part on the relationship
your notes.
between the 5-year CMS rate and the 30-year CMS rate, the payment of any

amount due on the notes is subject to our credit risk. The notes are our
If the CMS Spread Minus 0.20% Is Less than or Equal to 0% on
unsecured obligations. Investors are dependent on our ability to pay all
the Relevant Interest Determination Date for Any Interest Period
amounts due on the notes, and therefore investors are subject to our credit
After the First Four Interest Periods, No Interest Will Be Paid for
risk and to changes in the market's view of our creditworthiness. See

that Interest Period
"Description of the Notes We May Offer -- Information About Our
Medium-Term Notes, Series D Program -- How the Notes Rank Against
Because of the formula used to calculate the interest rate applicable to
Other Debt" on page S-4 of the accompanying prospectus supplement.
your notes, in the event that on the relevant interest determination date for
any interest period after the first four interest periods the 30-year CMS rate
If the CMS Spread Changes, the Market Value of Your Notes May Not
does not exceed the 5-year CMS rate by more than 0.20%, no interest wil
Change in the Same Manner
be paid for such interest period, even if the CMS spread minus 0.20% on
subsequent days is greater than 0%. Therefore, if the 30-year CMS rate
The price of your notes may move differently than the CMS spread. The
does not exceed the 5-year CMS rate by more than 0.20%, for a prolonged
CMS spread wil vary during the term of the notes based on the relationship
period of time over the life of your notes after the first four interest periods,
between the 5-year CMS rate and the 30-year CMS rate as wel as the
including interest determination dates, you wil receive no interest during the
market's expectation of this relationship in the future. Changes in the CMS
affected interest periods. In such case, even if you receive some interest
spread may not result in a comparable change in the market
payments on some or al of the interest

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payment dates, the overal return you earn on your notes may be less than
9.25% per annum (equal to a maximum quarterly interest payment of
you would have earned by investing in a non-indexed debt security of
$23.125 for each $1,000 face amount of notes). Thus, you wil not benefit
comparable maturity that bears interest at a prevailing market rate.
from any increases in the CMS spread minus 0.20% above 2.3125%.
Furthermore, since the interest rate is determined quarterly, if the interest
Assuming circumstances where no interest payment is to be made on
rate for at least one interest period after the first four interest periods during
your notes after the fourth interest period, the present value of your notes as
any year is less than 9.25% per annum, your actual return for such year wil
of the original issue date wil equal the present value of a bond that pays only
be less than 9.25% per annum, even if the interest rate is 9.25% per annum
the coupons up to and including the fourth interest period, and with the same
for the remaining interest periods during such year. Thus, the notes may
maturity and face amount issued by us, in each case discounted using current
provide less interest income than an investment in a similar instrument.
interest rates and credit spreads based on the discount method used by
Goldman, Sachs & Co., which may be different from the methods used by
The Historical Levels of the CMS Spread Are Not an Indication of the
others. On the original issue date such present value is approximately
Future Levels of the CMS Spread
61.66% of the face amount of your notes (you should not base any tax
characterization of your notes on such present value).
In the past, the level of the CMS spread has experienced significant
fluctuations. You should note that historical levels, fluctuations and trends of
The Amount of Interest Payable on Your Notes After the First Four
the CMS spread are not necessarily indicative of future levels. Any historical
Interest Periods Will Not Be Affected by the CMS Spread on Any Day
upward or downward trend in the CMS spread is not an indication that the
Other Than the Interest Determination Date for the Applicable Interest
CMS spread is more or less likely to increase or decrease at any time after
Period
the first four interest periods, and you should not take the historical levels of
the CMS spread as an indication of its future performance.
For each interest period after the first four interest periods, the amount
of interest payable on each interest payment date is calculated based on the
If You Purchase Your Notes at a Premium to Face Amount, the Return
CMS spread on the interest determination date for the applicable interest
on Your Investment Will Be Lower Than the Return on Notes Purchased
period. Although the actual CMS spread on an interest payment date or at
at Face Amount and the Impact of Certain Key Terms of the Notes Will
other times after the first four interest periods may be higher than the CMS
be Negatively Affected
spread on the interest determination date, you wil not benefit from the CMS
spread at any time other than on such interest determination date.
The amount you wil be paid for your notes on the stated maturity date
wil not be adjusted based on the issue price you pay for the notes. If you
The Amount of Interest Payable On The Notes In Any Quarter Is Capped
purchase notes at a price that differs from the face amount of the notes, then
the return on your investment in such notes held to the stated maturity date or
After the first four interest periods, the interest rate wil be subject to the
the date of early redemption wil differ from, and may be substantial y less
maximum interest rate of 9.25% per annum, which wil limit the amount of
than, the return on notes purchased at face amount. If you purchase your
interest you may receive on each interest payment date. Because of the
notes at a premium to face amount and hold them to the stated maturity date
formula used to calculate the interest rate on your notes, if (i) the CMS
or the date of early redemption the return on your investment in the notes wil
spread minus 0.20% times (ii) 4 is greater than or equal to 9.25% per
be lower than it would have been had you purchased the notes at face
annum, the interest rate for that quarter wil be capped at
amount or a discount to face amount.

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The Market Value of Your Notes May Be
Influenced by Many Factors That Are
Goldman Sachs' Anticipated Hedging
Unpredictable and Interrelated in Complex
Activities May Negatively Impact Investors in
Ways
the Notes and Cause our Interests and Those
When we refer to the market value of your notes, we mean the value
of Our Clients and Counterparties to be
that you could receive for your notes if you chose to sel it in the open market
Contrary to Those of Investors in the Notes
before the stated maturity date. A number of factors, many of which are
beyond our control, wil influence the market value of your notes, including:
Goldman Sachs expects to hedge our obligations under the notes by

purchasing futures and/or other instruments linked to the CMS spread. We
·
the 30-year CMS rate and the 5-year CMS rate;
also expect to adjust our hedge by, among other things, purchasing or sel ing

any of the foregoing, and perhaps other instruments linked to the CMS
·
the volatility -- i.e., the frequency and magnitude of changes in -- the
spread, at any time and from time to time, and to unwind the hedge by sel ing
level of the CMS spread;
any of the foregoing on or before the final interest determination date for your

·
economic, financial, regulatory, political, military and other events that
notes. We may also enter into, adjust and unwind hedging transactions
affect CMS rates general y;
relating to other rate-linked notes whose returns are linked to changes in the

level of the CMS spread.
·
interest rates and yield rates in the market;

Any of these hedging or other activities may adversely affect the levels of
·
the time remaining until your notes mature; and
the CMS spread and therefore the market value of your notes and the

·
our creditworthiness, whether actual or perceived, and including actual
amount we wil pay on your notes. In addition, you should expect that these
or anticipated upgrades or downgrades in our credit ratings or changes
transactions wil cause Goldman Sachs or its clients or counterparties to have
in other credit measures.
economic interests and incentives that do not align with, and that may be
directly contrary to, those of an investor in the notes. Goldman Sachs wil
These factors, and many other factors, wil influence the price you wil
have no obligation to take, refrain from taking or cease taking any action with
receive if you sel your notes before maturity, including the price you may
respect to these transactions based on the potential effect on an investor in
receive for your notes in any market making transaction. If you sel your notes
the notes, and may receive substantial returns on hedging or other activities
before maturity, you may receive less than the face amount of your notes.
while the value of your notes declines.
You cannot predict the future performance of the CMS spread based on
As Calculation Agent, Goldman, Sachs & Co.
its historical performance. The actual performance of the CMS spread over
the life of the offered notes after the first four interest periods, as wel as the
Will Have the Authority to Make
interest payable on each interest payment date, may bear little or no relation
Determinations that Could Affect the Value of
to the hypothetical levels of the CMS spread or to the hypothetical examples
Your Notes and the Amount You May
shown elsewhere in this prospectus supplement.
Receive On Any Interest Payment Date
As calculation agent for your notes, Goldman, Sachs & Co. wil have
discretion in making certain determinations that affect your notes, including
determining the CMS spread on any interest determination date in certain
circumstances, which we wil use to determine the amount, if any, we wil pay
on any applicable interest payment date after the first four interest payment
dates. See "Specific Terms of Your Notes" below. The exercise of this
discretion by Goldman, Sachs & Co. could adversely affect the value of your
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