Bond Freddy Mac 7% ( US3128X8RB03 ) 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 | 25/03/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 25 000 000 USD |
Cusip | 3128X8RB0 |
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. This financial report details the lifecycle of a specific bond issuance, identified by ISIN US3128X8RB03 and CUSIP 3128X8RB0, from its inception by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, a key United States government-sponsored enterprise (GSE) established to provide liquidity to the nation's mortgage market by purchasing and securitizing mortgages, whose debt is widely perceived as implicitly backed by the U.S. government, where this particular USD-denominated obligation, issued from the United States with a total size of $25,000,000 and a minimum purchase threshold of $1,000, carried an annual interest rate of 7% paid semi-annually, was observed at 100% of its market price at the conclusion of its term, and ultimately reached its scheduled maturity on March 25, 2024, at which point it was fully redeemed and repaid to investors. |