Bond Freddy Mac 5% ( US3128X9YZ70 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 5% per year ( payment 2 times a year) | ||
Maturity | 03/03/2025 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 100 000 000 USD | ||
Cusip | 3128X9YZ7 | ||
Standard & Poor's ( S&P ) rating | AAA ( Prime - Investment-grade ) | ||
Moody's rating | Aaa ( Prime - Investment-grade ) | ||
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 article provides an overview of a recently matured bond instrument, identified by ISIN US3128X9YZ70 and CUSIP 3128X9YZ7, issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, a U.S. government-sponsored enterprise (GSE) established by Congress in 1970 with a core mission to promote stability and liquidity in the nation's housing finance system by purchasing mortgages from lenders. This particular bond, originating from the United States and denominated in U.S. Dollars (USD), carried a fixed annual interest rate of 5%, with coupon payments distributed semi-annually. The total issuance size for this bond was $100,000,000, with a minimum investment threshold of $1,000; it reached its scheduled maturity date on March 3, 2025, at which point it was fully redeemed at 100% of its face value, confirming the repayment of all principal to bondholders as it successfully concluded its lifecycle. Reflecting its high credit quality, the bond was assigned top-tier ratings from prominent credit rating agencies, securing an 'AAA' rating from Standard & Poor's (S&P) and an 'Aaa' rating from Moody's. |