Bond Freddy Mac 5% ( US3128X7HK39 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 5% per year ( payment 2 times a year) | ||
Maturity | 14/04/2023 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 50 000 000 USD | ||
Cusip | 3128X7HK3 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
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. Identified by ISIN US3128X7HK39 and CUSIP 3128X7HK3, this bond was issued by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a U.S. government-sponsored enterprise established to promote stability and affordability in the nation's housing finance system by purchasing mortgages from lenders and bundling them into securities for sale to investors; denominated in USD, this specific bond, part of a $50,000,000 total issue size with a minimum purchase of $1,000, featured a 5% annual interest rate paid semi-annually and, having traded at par, successfully reached its maturity date on April 14, 2023, and has subsequently been fully redeemed, ensuring the return of principal to its bondholders. |