Bond Federal Home Loan Mortgage Corporation 0.25% ( US3137EAEW59 ) in USD

Issuer Federal Home Loan Mortgage Corporation
Market price 100 %  ⇌ 
Country  United States
ISIN code  US3137EAEW59 ( in USD )
Interest rate 0.25% per year ( payment 2 times a year)
Maturity 07/09/2023 - Bond has expired



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Minimal amount 2 000 USD
Total amount 3 500 000 000 USD
Cusip 3137EAEW5
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Detailed description The Federal Home Loan Mortgage Corporation (Freddie Mac) is a government-sponsored enterprise (GSE) that buys mortgages from lenders, packages them into mortgage-backed securities, and sells them to investors, thereby increasing the availability of mortgage credit.

This financial article provides a detailed overview of a specific debt instrument, an obligation issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. Identified by the ISIN US3137EAEW59 and the CUSIP 3137EAEW5, this bond originated from the United States. The Federal Home Loan Mortgage Corporation itself is a prominent government-sponsored enterprise (GSE) within the U.S. financial landscape, established to provide liquidity, stability, and affordability to the mortgage market. Its primary function involves purchasing mortgages from primary lenders, pooling them, and selling them as mortgage-backed securities to global investors, thereby facilitating the flow of capital and supporting homeownership across the nation. Regarding the characteristics of this particular bond, it was quoted at 100% of its market value at the point of its maturity and subsequent redemption, denominated in United States Dollars (USD). The bond carried an annual interest rate of 0.25%, with interest payments distributed to investors with a frequency of two times per year, typically on a semi-annual basis. The total size of this issuance was substantial, amounting to 3,500,000,000 USD, with a minimum purchase size set at 2,000 USD, making it accessible to a range of institutional and qualified individual investors. A crucial detail for investors is its maturity date, which was September 7, 2023. As of the time of this analysis, the bond has successfully reached its maturity and has been fully redeemed, meaning all principal and accrued interest have been paid back to the bondholders, concluding its lifecycle. Demonstrating its perceived creditworthiness and the stability associated with its issuer, the obligation received robust credit ratings from leading agencies: Standard & Poor's (S&P) assigned it a strong AA+ rating, while Moody's awarded it its highest possible rating of Aaa. These ratings underscore the low credit risk profile of the bond, reflecting the implied backing and strategic importance of Freddie Mac within the U.S. financial system.