Bond National Mortgage Association 4% ( US36179NDS45 ) in USD

Issuer	National Mortgage Association
Market price	100 % ▲
Country	United States
ISIN code	US36179NDS45 ( in USD )
Interest rate	4% per year ( payment 12 times a year)
Maturity	30/04/2043
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Minimal amount	/
Total amount	/
Next Coupon	20/08/2025 ( In 20 days )
Detailed description	The Government National Mortgage Association (Ginnie Mae) is a U.S. government-sponsored enterprise that guarantees mortgage-backed securities (MBS) issued by approved lenders, primarily focusing on loans insured or guaranteed by the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), and Rural Housing Service (RHS). A bond identified by the ISIN code US36179NDS45 has been issued by the Government National Mortgage Association, commonly known as Ginnie Mae, a wholly owned U.S. government corporation that plays a crucial role in the nation's housing finance system by guaranteeing mortgage-backed securities issued by approved lenders, thereby mitigating credit risk for investors through its explicit full faith and credit backing of the U.S. government, with this particular debt instrument originating from the United States as its country of issuance and being denominated in United States Dollars (USD), currently observed to be trading at 100% of its par value in the market, offering an annual interest rate of 4%, with payments to bondholders disbursed on a frequent monthly basis (12 times per year), and slated to reach its maturity on April 30, 2043, providing a long-term investment horizon.