Bond National Mortgage Association 6% ( US36209KEB08 ) in USD

Issuer	National Mortgage Association
Market price	100 % ▲
Country	United States
ISIN code	US36209KEB08 ( in USD )
Interest rate	6% per year ( payment 12 times a year)
Maturity	30/11/2028
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Minimal amount	/
Total amount	/
Next Coupon	15/08/2025 ( In 14 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). This financial article details a specific bond, identified by the ISIN code US36209KEB08, issued by the Government National Mortgage Association, commonly known as Ginnie Mae, a United States government corporation operating under the Department of Housing and Urban Development that plays a critical role in the nation's housing finance system by guaranteeing mortgage-backed securities with the full faith and credit of the U.S. government, thereby ensuring high credit quality for this obligation originating from the United States and denominated in USD, which is currently trading at 100% of its face value while offering an annual interest rate of 6% distributed through 12 monthly payments, and is set to mature on November 30, 2028.