Bond Freddy Mac 0% ( US312924HC01 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 24/09/2026 |
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Minimal amount | 1 000 USD |
Total amount | 315 000 000 USD |
Cusip | 312924HC0 |
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 specific debt instrument, identified by ISIN US312924HC01 and CUSIP 312924HC0, has been issued in U.S. Dollars (USD) from the United States by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation. Freddie Mac operates as a government-sponsored enterprise (GSE) chartered by the U.S. Congress, playing a crucial role in the American housing finance system by purchasing mortgages and securitizing them, thereby enhancing liquidity and stability in the market; its unique status often implies an implicit government backing, influencing its credit profile. This particular bond, part of a $315,000,000 total issue size, is notable for its stated interest rate of 0%, indicating it is a zero-coupon or non-interest-bearing security, with no periodic interest payments to bondholders. It currently trades at 100% of its face value on the market, suggesting a yield-to-maturity of 0% if purchased at this price and held until redemption. With a maturity date scheduled for September 24, 2026, and a minimum purchase size of $1,000, this instrument offers a principal-preserving option for investors seeking exposure to a short-to-medium term fixed-income asset from a GSE without expecting coupon income or capital appreciation beyond par value at maturity. |