Bond Freddy Mac 0% ( US312925ZQ69 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/07/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 160 000 000 USD |
Cusip | 312925ZQ6 |
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 specific debt instrument, identified by its ISIN US312925ZQ69 and CUSIP 312925ZQ6, has recently reached its maturity and been fully repaid, concluding its lifecycle with a successful redemption. This bond, issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, was denominated in United States Dollars (USD) and had an initial total issue size of $160,000,000, with a minimum purchase increment of $1,000. Freddie Mac, a government-sponsored enterprise (GSE) established in 1970, plays a critical role in the U.S. housing finance system by ensuring a continuous flow of affordable mortgage credit. Headquartered in the United States and operating under the conservatorship of the Federal Housing Finance Agency (FHFA), its core mission involves purchasing mortgages from lenders, packaging them into mortgage-backed securities (MBS), and selling them to investors, thereby providing essential liquidity and stability to the real estate market. This particular bond, bearing a 0% stated interest rate, matured on July 29, 2022, with its market price at maturity standing at 100%, indicating its full repayment at par to investors as per its terms, thus fulfilling the issuer's financial commitment. |