Bond Freddy Mac 0% ( US3128X4SE29 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 02/11/2035 |
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 | 200 000 000 USD |
Cusip | 3128X4SE2 |
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 detailed examination of a fixed-income security reveals its key characteristics, starting with its unique identifiers: ISIN US3128X4SE29 and CUSIP 3128X4SE2. The issuer of this bond is Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a government-sponsored enterprise (GSE) chartered by the U.S. Congress to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and packaging them into mortgage-backed securities. Issued from the United States, this bond is currently priced at 100% of its par value in the market, denominated in USD. Notably, it carries a 0% interest rate, designating it as a zero-coupon bond, which implies that investors purchase it at a discount to its face value and receive the full principal amount at maturity, thus rendering the stated semi-annual payment frequency not applicable for coupon distributions. The total size of this particular issuance is $200,000,000, with a minimum purchase amount set at $1,000, and it is scheduled to mature on November 2, 2035. |