Bond Freddy Mac 5.625% ( US3128X3XY45 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.625% per year ( payment 2 times a year) |
Maturity | 24/09/2024 - Bond has expired |
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 | 25 000 000 USD |
Cusip | 3128X3XY4 |
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 update regarding a specific debt instrument, identified by ISIN US3128X3XY45 and CUSIP 3128X3XY4, reveals that this bond has successfully reached its maturity and has been fully repaid. The issuer of this fixed-income security was Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a prominent government-sponsored enterprise (GSE) based in the United States, playing a critical role in providing liquidity and stability to the U.S. housing finance market by purchasing mortgages from lenders. This particular bond, denominated in US Dollars (USD), featured a fixed annual interest rate of 5.625%, with interest payments disbursed semi-annually. The total original issuance size for this bond was USD 25,000,000, with investors able to acquire the instrument in minimum purchase increments of USD 1,000. Originating from the United States, the bond's contractual maturity date was September 24, 2024, at which point it was redeemed at 100% of its face value, concluding its financial cycle. |