Bond Freddy Mac 7% ( US3128X8TY87 ) in USD

Issuer	Freddy Mac
Market price	100 % ⇌
Country	United States
ISIN code	US3128X8TY87 ( in USD )
Interest rate	7% per year ( payment 2 times a year)
Maturity	15/04/2024 - Bond has expired
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Minimal amount	1 000 USD
Total amount	15 000 000 USD
Cusip	3128X8TY8
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. A recent financial instrument that completed its lifecycle is the bond identified by ISIN US3128X8TY87 and CUSIP 3128X8TY8. This debt security was issued by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a pivotal United States government-sponsored enterprise (GSE) established to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and packaging them into mortgage-backed securities, thereby facilitating mortgage financing across the nation. The bond, denominated in US Dollars (USD), originated from the United States and carried a fixed interest rate, or coupon, of 7% per annum, with payments made semi-annually, indicated by a frequency of two payments per year. The total original issuance size for this obligation amounted to $15,000,000, with a minimum purchase size set at $1,000. This particular bond reached its scheduled maturity date on April 15, 2024. At the point of its conclusion, its market price was observed at 100% of its par value, reflecting an orderly and full repayment to investors. It has been confirmed that this bond has fully matured and its principal amount has been repaid to the bondholders, concluding its investment lifecycle.