Bond Federal Home Loan Mortgage Corporation 0.25% ( US3137EAEZ80 ) in USD
Issuer | Federal Home Loan Mortgage Corporation |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.25% per year ( payment 2 times a year) |
Maturity | 05/11/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 2 000 USD |
Total amount | 3 000 000 000 USD |
Cusip | 3137EAEZ8 |
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. An analysis of a recently matured obligation issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, provides insight into a significant debt instrument from a pivotal U.S. government-sponsored enterprise whose primary mission is to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and packaging them into mortgage-backed securities, thereby ensuring a continuous flow of funds for new home loans. This specific bond, identified by ISIN US3137EAEZ80 and CUSIP 3137EAEZ8, was a USD-denominated instrument issued from the United States, carrying an interest rate of 0.25% with semi-annual payment frequency. The total size of this issuance was USD 3,000,000,000, with a minimum purchase threshold of USD 2,000. The bond, initially valued at 100% of its par value, reached its maturity on November 5, 2023, and has since been fully repaid, confirming its successful redemption. The robust credit quality associated with this issuance and its issuer was evidenced by strong credit ratings, including an Aaa from Moody's and an AA+ from Standard & Poor's (S&P), reflecting a very high capacity for the Federal Home Loan Mortgage Corporation to meet its financial obligations. |