Bond Freddy Mac 0% ( US3128X04V86 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/04/2033 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 300 000 000 USD |
Cusip | 3128X04V8 |
Detailed description |
Freddie Mac is a U.S. government-sponsored enterprise (GSE) that buys mortgages from lenders, packages them into securities, and sells them to investors, thus providing liquidity to the mortgage market. A recently noted fixed-income instrument issued by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is currently accessible for investor consideration. Freddie Mac, a government-sponsored enterprise (GSE) chartered by the U.S. Congress in 1970, plays a pivotal role in the American housing finance system, primarily by injecting liquidity, stability, and affordability into the mortgage market through the acquisition of mortgages from lenders, subsequent pooling into mortgage-backed securities, and sale to investors, an activity that robustly supports homeownership and rental housing nationwide, positioning Freddie Mac as a systemically vital entity within the U.S. financial architecture. This specific bond, identifiable by ISIN US3128X04V86 and CUSIP 3128X04V8, represents a direct obligation of Freddie Mac, originating from the United States. The total size of this particular issuance is a substantial $300,000,000 USD, with a minimum acquisition threshold established at $1,000 USD. The bond is set to mature on April 29, 2033, and its terms indicate a payment frequency of two times per year. Currently, this instrument is trading at 100% of its par value and is denominated in US Dollars. Notably, the bond specifies a 0% stated interest rate, indicating that it does not provide periodic coupon payments; instead, investor returns would typically be derived from capital appreciation if purchased below par, or through the principal repayment at maturity if acquired at par. Despite the absence of recurring interest, the mentioned payment frequency of two times per year might refer to other administrative or principal-related events. |