Bond Freddy Mac 0% ( US312925B337 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 06/08/2032 |
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Minimal amount | 1 000 USD |
Total amount | 268 000 000 USD |
Cusip | 312925B33 |
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. An obligation identified by ISIN US312925B337 and CUSIP 312925B33 is currently active in the financial markets, issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation. As a significant U.S. government-sponsored enterprise (GSE), Freddie Mac plays a crucial role in the nation's housing finance system by providing liquidity to the mortgage market; it achieves this by purchasing mortgages from lenders and packaging them into marketable securities for investors, thereby facilitating the flow of capital and making homeownership more accessible. This specific bond, issued in the United States and denominated in U.S. Dollars (USD), is presently quoted at 100% of its par value on the secondary market. A distinctive feature of this instrument is its 0% interest rate, classifying it as a zero-coupon bond, where the investor's return is realized through the difference between the bond's discounted purchase price and its face value upon maturity. The total size of this particular issuance is $268,000,000, with a minimum investment threshold set at $1,000. The bond is slated to mature on August 6, 2032, and while a payment frequency of 2 is noted, for a zero-coupon instrument, this typically pertains to the compounding basis for its yield-to-maturity or the schedule for its single principal repayment, rather than recurring interest distributions. |