Bond Freddy Mac 3.5% ( US3133F26F77 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3.5% per year ( payment 2 times a year) |
Maturity | 15/04/2024 - 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 | 3 955 000 USD |
Cusip | 3133F26F7 |
Standard & Poor's ( S&P ) rating | AAA ( Prime - Investment-grade ) |
Moody's rating | Aaa ( Prime - Investment-grade ) |
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. The bond identified by ISIN US3133F26F77 and CUSIP 3133F26F7, issued by Freddie Mac, has successfully reached its maturity date of April 15, 2024, and has been fully redeemed at its par value of 100%. This United States-issued obligation, denominated in USD, carried an annual interest rate of 3.5%, with coupon payments distributed semi-annually. The total issuance size for this particular series amounted to USD 3,955,000, with a minimum investment threshold set at USD 1,000. Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation (FHLMC), stands as a pivotal government-sponsored enterprise (GSE) within the United States' housing finance system, established in 1970 to foster liquidity, stability, and affordability in the secondary mortgage market by purchasing mortgages from lenders, pooling them, and transforming them into mortgage-backed securities for sale to investors, a structure that, while not explicitly carrying the full faith and credit of the U.S. government, often implies a high degree of implicit support. Reflecting its robust financial standing and this perceived governmental linkage, this bond was independently assessed by leading credit rating agencies, with Standard & Poor's assigning it the highest possible rating of 'AAA', and Moody's Investors Service similarly awarding it an 'Aaa' rating, both indicating an extremely strong capacity to meet financial commitments and minimal credit risk. The successful redemption of this bond at its current market price of 100% further underscores its stability and the issuer's reliability in fulfilling its obligations, consistent with its pristine credit profile. |