Bond Freddy Mac 5.3% ( US3133F1NL74 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.3% per year ( payment 2 times a year) |
Maturity | 15/11/2024 - 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 | 20 802 000 USD |
Cusip | 3133F1NL7 |
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 analysis of the bond market highlights the specific characteristics of an obligation, ISIN US3133F1NL74 (CUSIP 3133F1NL7), issued in the United States by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a pivotal U.S. government-sponsored enterprise whose foundational mission involves fostering liquidity, stability, and affordability within the nation's housing finance system through the purchase and securitization of mortgages; this particular bond, denominated in USD, carried an annual interest rate of 5.3%, represented a total issuance size of USD 20,802,000, allowed for a minimum purchase of USD 1,000, maintained a market price of 100% of its par value, and featured a semi-annual payment frequency, before ultimately reaching its maturity on November 15, 2024, at which point it was fully redeemed. |