Bond Freddy Mac 0% ( US3128X32B86 ) in USD
Issuer | Freddy Mac | ||
Market price | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 29/12/2034 | ||
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Minimal amount | 1 000 USD | ||
Total amount | 100 000 000 USD | ||
Cusip | 3128X32B8 | ||
Standard & Poor's ( S&P ) rating | AAA ( Prime - Investment-grade ) | ||
Moody's rating | Aaa ( Prime - Investment-grade ) | ||
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. Identified by ISIN US3128X32B86 and CUSIP 3128X32B8, this bond is a debt instrument issued in the United States by Freddie Mac (Federal Home Loan Mortgage Corporation), a critical U.S. government-sponsored enterprise (GSE) that plays a central role in the nation's housing finance system by purchasing mortgages from lenders and packaging them into mortgage-backed securities to enhance liquidity in the secondary mortgage market. Denominated in USD, the bond is currently trading at par, 100% of its face value. Notably, it carries a 0% interest rate, indicating it is a non-interest-bearing instrument. The total issuance size for this security stands at $100,000,000, with a minimum purchase increment of $1,000. It is set to mature on December 29, 2034, and while a payment frequency of twice per year is indicated, its 0% interest rate means there are no regular coupon distributions. Its robust credit quality is affirmed by top-tier ratings from leading agencies: AAA from Standard & Poor's and Aaa from Moody's, reflecting its exceptionally strong financial standing and minimal credit risk. |