Bond Freddy Mac 0% ( US3128X3W662 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 28/12/2034 |
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Minimal amount | 1 000 USD |
Total amount | 100 000 000 USD |
Cusip | 3128X3W66 |
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. This financial article details the characteristics of a bond issued by Freddie Mac, identified by its International Securities Identification Number (ISIN) US3128X3W662 and CUSIP 3128X3W66. The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a United States government-sponsored enterprise (GSE) established in 1970. Its primary mission is to provide liquidity, stability, and affordability to the mortgage market by purchasing mortgages from lenders and packaging them into mortgage-backed securities (MBS) for sale to investors. This process helps ensure a continuous flow of funds for housing finance across the U.S., significantly contributing to the nation's housing market stability. The key specifications for this particular bond are as follows: * **Type:** Bond * **ISIN:** US3128X3W662 * **CUSIP:** 3128X3W66 * **Issuer:** Freddie Mac * **Country of Issuance:** United States * **Current Market Price:** 100% * **Currency:** USD * **Coupon Rate:** 0% * **Total Issue Size:** $100,000,000 * **Minimum Purchase Size:** $1,000 * **Maturity Date:** December 28, 2034 * **Payment Frequency:** Semi-annual This instrument is characterized as a zero-coupon bond given its 0% interest rate, meaning it does not disburse periodic interest payments to bondholders. |