Bond Freddy Mac 5.2% ( US3133F1ML83 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.2% per year ( payment 2 times a year) |
Maturity | 15/10/2024 - 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 | 11 549 000 USD |
Cusip | 3133F1ML8 |
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 bond issued by Freddie Mac, identified by ISIN US3133F1ML83 and CUSIP 3133F1ML8, successfully reached its maturity on October 15, 2024, and has been fully repaid to its bondholders. This specific debt instrument, denominated in USD, featured an annual interest rate of 5.2%, with coupon payments structured on a semi-annual basis. The total issuance size for this bond stood at 11,549,000 units, with a minimum acquisition threshold set at 1,000 units, and was previously observed trading at its par value of 100% on the market. The issuer, Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a significant government-sponsored enterprise (GSE) in the United States, playing a pivotal role in the nation's housing finance system by purchasing mortgages from lenders, securitizing them, and providing guarantees, thereby enhancing liquidity and stability in the secondary mortgage market. The complete and timely repayment of this bond at its scheduled maturity date exemplifies the reliable execution of debt obligations associated with instruments issued by such established entities in the U.S. financial landscape. |