Bond Freddy Mac 6% ( US3128X55K04 ) in USD

Issuer Freddy Mac
Market price 100 %  ⇌ 
Country  United States
ISIN code  US3128X55K04 ( in USD )
Interest rate 6% per year ( payment 2 times a year)
Maturity 29/04/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 250 000 000 USD
Cusip 3128X55K0
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.

Examining the particulars of a specific fixed-income instrument, the bond identified by ISIN US3128X55K04 and CUSIP 3128X55K0 was issued by Freddie Mac (Federal Home Loan Mortgage Corporation), a critical U.S. government-sponsored enterprise (GSE) chartered by Congress to provide liquidity, stability, and affordability to the nation's housing finance market by purchasing mortgages from lenders and packaging them into mortgage-backed securities; this particular USD-denominated obligation, originating from the United States, featured an annual interest rate of 6%, with coupon payments disbursed semi-annually, from a total issue size of $250,000,000, and allowed for a minimum purchase of $1,000; notably, the security, which was observed trading at 100% of its face value at the time of its conclusion, reached its scheduled maturity date on April 29, 2022, and has since been fully redeemed.