Bond Freddy Mac 0% ( US3128X9BC33 ) in USD
| Issuer | Freddy Mac |
| Market price | |
| Country | United States
|
| ISIN code |
US3128X9BC33 ( in USD )
|
| Interest rate | 0% |
| Maturity | 19/08/2039 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 1 887 000 000 USD |
| Cusip | 3128X9BC3 |
| 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 long-term fixed-income instrument, identifiable by ISIN US3128X9BC33 and CUSIP 3128X9BC3, is a debt security issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, a prominent U.S. government-sponsored enterprise (GSE) playing a critical role in the nation's secondary mortgage market by ensuring liquidity and stability for mortgage lenders, thereby carrying significant implicit governmental backing for its obligations; denominated in USD and issued in the United States, this particular bond, representing a segment of a substantial $1,887,000,000 total issuance, is currently trading at 100% of its par value with an accessible minimum purchase of $1,000, and is notably characterized by a 0% stated interest rate, implying no nominal coupon payments despite a listed semi-annual payment frequency, such that if purchased at its current par price and held until its maturity on August 19, 2039, it would yield no nominal return. |
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