Bond Freddy Mac 6.625% ( US3128X6EN22 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 6.625% per year ( payment 2 times a year) |
Maturity | 27/06/2022 - 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 | 100 000 000 USD |
Cusip | 3128X6EN2 |
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 analysis of a specific fixed-income instrument, identified by ISIN US3128X6EN22 and CUSIP 3128X6EN2, reveals details of a bond issued by Freddie Mac. Formally known as the Federal Home Loan Mortgage Corporation, Freddie Mac is a U.S. government-sponsored enterprise (GSE) that plays a critical role in the nation's housing finance system by providing liquidity, stability, and affordability to the mortgage market, primarily by purchasing mortgages from lenders and packaging them into securities for investors. This particular bond, issued in the United States and denominated in USD, carried a coupon interest rate of 6.625%, with interest payments distributed semi-annually. The total size of this specific issuance was $100,000,000, and the minimum purchase size for investors was set at $1,000. While its market price at one point stood at 100% of its face value, this obligation reached its maturity date on June 27, 2022, and has since been fully redeemed and repaid to its holders. |