Bond National Mortgage Association 2.75% ( US38379Y6G84 ) in USD

Issuer	National Mortgage Association
Market price	100 % ⇌
Country	United States
ISIN code	US38379Y6G84 ( in USD )
Interest rate	2.75% per year ( payment 12 times a year)
Maturity	31/12/2049
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Minimal amount	/
Total amount	/
Cusip	38379Y6G8
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	N/A
Next Coupon	16/08/2025 ( In 16 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). An analysis of a specific fixed-income instrument details a bond, identified by ISIN US38379Y6G84 and CUSIP 38379Y6G8, issued by the Government National Mortgage Association (Ginnie Mae), a critical entity within the United States' financial landscape that, as a government corporation, ensures liquidity in the mortgage market by guaranteeing mortgage-backed securities (MBS) which carry the full faith and credit of the U.S. government, thereby offering investors a high degree of credit quality; this U.S.-issued bond is currently quoted at 100% of its face value in USD, provides a coupon interest rate of 2.75%, and is slated for maturity on December 31, 2049, with payments distributed monthly, reflecting a frequency of 12 per year.