Bond Freddy Mac 5.625% ( US3128X7MK73 ) 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 | 24/04/2023 - 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 | 3128X7MK7 |
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. The following financial instrument, identified by ISIN US3128X7MK73 and CUSIP 3128X7MK7, was a bond issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, a U.S. government-sponsored enterprise (GSE) pivotal to the nation's housing finance system, established to provide liquidity, stability, and affordability to the mortgage market. This specific USD-denominated obligation, issued in the United States with a total principal amount of $25,000,000 and a minimum purchase size of $1,000, featured a fixed interest rate of 5.625% paid semi-annually. The bond successfully reached its scheduled maturity date on April 24, 2023, and was subsequently redeemed at its par value of 100%, completing its lifecycle as a fully repaid investment. |