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ItalianoBond Fannie Mae 4.086% ( US30711XAX21 ) in USD
| Issuer | Fannie Mae |
| Market price | 100 % ▼ |
| Country |  United States
|
| ISIN code |
 US30711XAX21 ( in USD )
|
| Interest rate | 4.086% per year ( payment 12 times a year) |
| Maturity | 26/05/2025 - Bond has expired |
|
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|
| Minimal amount | 1 000 USD |
| Total amount | 625 100 000 USD |
| Cusip | 30711XAX2 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | NR |
| Detailed description |
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that buys mortgages from lenders, thus providing liquidity to the mortgage market and making home loans more affordable. This financial article details the specifics of a fixed-income instrument identified by ISIN US30711XAX21 and CUSIP 30711XAX2, issued by the Federal National Mortgage Association, a United States-based government-sponsored enterprise critical to the liquidity and stability of the nation's secondary mortgage market. The bond, denominated in USD, offered a 4.086% coupon rate, was part of a total issuance amounting to $625,100,000, and could be acquired in minimum increments of $1,000. Structured with a monthly payment frequency, this particular obligation, despite its listed maturity date of May 26, 2025, has already reached maturity and been fully repaid, a status reflected by its 100% market price at the time of redemption; Moody's provided no rating for this issue, designated as 'NR'. |