Bond Freddy Mac 5.4% ( US3133F1KR71 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.4% per year ( payment 2 times a year) |
Maturity | 15/09/2024 - 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 | 26 623 000 USD |
Cusip | 3133F1KR7 |
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 financial instrument, identified by its ISIN US3133F1KR71 and CUSIP 3133F1KR7, was a bond issued by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation. Freddie Mac is a government-sponsored enterprise (GSE) chartered by the U.S. Congress to promote stability and affordability in the nation's housing finance system by providing liquidity to the mortgage market through the purchase of mortgages and their subsequent securitization. Issued in the United States and denominated in U.S. Dollars (USD), this bond featured a coupon interest rate of 5.4%, paid semi-annually. The total issuance size for this particular security was $26,623,000, with a minimum purchase amount set at $1,000, allowing for broad investor participation. While its market price would have fluctuated during its active trading life, it matured at its par value of 100%. This bond reached its scheduled maturity on September 15, 2024, and was subsequently repaid in full to its holders, completing its investment cycle as originally structured. |