Bond Freddy Mac 6.15% ( US3128X0QB85 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 6.15% per year ( payment 2 times a year) |
Maturity | 20/12/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 150 000 000 USD |
Cusip | 3128X0QB8 |
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. An analysis of the **US3128X0QB85 bond**, also identified by its CUSIP **3128X0QB8**, details a specific debt instrument issued by **Freddie Mac**, formally known as the Federal Home Loan Mortgage Corporation. As a critical U.S. government-sponsored enterprise (GSE) chartered by Congress, Freddie Mac plays a vital role in the American housing finance system by enhancing liquidity and stability in the secondary mortgage market through its purchase and securitization of mortgages from lenders. This particular bond, denominated in **USD** and originating from the **United States**, featured a fixed annual interest rate of **6.15%**, with interest payments made semi-annually, corresponding to a payment frequency of two times per year. The total issuance size for this security was **$150,000,000**, and it was accessible for purchase with a minimum increment of **$1,000**. The bond reached its scheduled maturity on **December 20, 2022**, and was subsequently redeemed at 100% of its face value, signifying the completion of its term and the return of principal to its bondholders. |