Bond Freddy Mac 7% ( US3128X7NX85 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 7% per year ( payment 2 times a year) |
Maturity | 05/05/2023 - 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 | 3128X7NX8 |
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 Federal Home Loan Mortgage Corporation (Freddie Mac), a key United States government-sponsored enterprise (GSE) established to provide liquidity, stability, and affordability to the U.S. housing finance market by purchasing and securitizing mortgages, issued a bond identified by ISIN US3128X7NX85 and CUSIP 3128X7NX8, which has successfully reached its maturity and been repaid. This USD-denominated obligation featured a 7% interest rate, with interest payments made semi-annually, and was part of a total issuance valued at USD 25,000,000, available for purchase in minimum increments of USD 1,000. Trading at a market price of 100% at the time of its principal repayment, this specific bond matured on May 5, 2023, and its financial obligations have now been fully discharged. |