Bond Freddy Mac 0% ( US3128X0M487 ) in USD

Issuer	Freddy Mac
Market price	100 % ⇌
Country	United States
ISIN code	US3128X0M487 ( in USD )
Interest rate	0%
Maturity	18/03/2033
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Minimal amount	1 000 USD
Total amount	600 000 000 USD
Cusip	3128X0M48
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 significant financial instrument has been identified within the fixed-income market, originating from the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. This specific obligation carries the ISIN code US3128X0M487 and the CUSIP 3128X0M48, and it was issued in the United States. Freddie Mac operates as a government-sponsored enterprise (GSE) within the U.S. financial landscape, established to provide liquidity, stability, and affordability to the nation's residential mortgage market. It fulfills this mission primarily by purchasing mortgages from primary lenders, pooling them, and transforming them into mortgage-backed securities (MBS). This critical role means that while Freddie Mac's debt instruments are not explicitly guaranteed by the U.S. government, they are generally perceived to carry strong implicit governmental support due to the entity's systemic importance to the broader housing finance system and its direct impact on millions of American homeowners. This particular bond is characterized by a 0% interest rate, indicating it is structured as a zero-coupon bond. Typically, investors would acquire such an instrument at a discount to its face value, realizing their return through the appreciation of the bond to its full principal amount upon maturity. However, the current market price for this security is reported at 100% of its par value. This confluence of a 0% interest rate and a current market price at par implies that if acquired at this price, the bond would serve primarily as a principal preservation vehicle rather than an income-generating or capital appreciation-oriented investment, as it provides no periodic coupon payments and offers no capital gain at maturity unless purchased below its par value. The bond is set to mature on March 18, 2033, defining a long-term investment horizon. The total issuance size of this debt security is substantial, amounting to $600,000,000 (Six Hundred Million United States Dollars), with a minimum purchase quantity established at $1,000, making it accessible to a wide range of investors. All transactions and valuations related to this specific bond are denominated in United States Dollars (USD). Furthermore, a payment frequency of 2 (semi-annual) is stated, a convention typically associated with coupon-bearing bonds; for a zero-coupon instrument, this detail would generally refer to an alternative payment structure, such as principal amortization, or represent a standard reporting characteristic for the instrument type.