Bond Freddy Mac 5% ( US3133F2C869 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 5% per year ( payment 2 times a year) |
Maturity | 15/05/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 1 000 USD |
Total amount | 11 620 000 USD |
Cusip | 3133F2C86 |
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 analysis focuses on a specific debt instrument issued by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a pivotal government-sponsored enterprise (GSE) within the United States' housing finance system. Established in 1970, Freddie Mac's core mandate is to foster stability, liquidity, and affordability in the U.S. mortgage market by acquiring mortgages from originators and transforming them into mortgage-backed securities, thereby facilitating capital flow. As a GSE, its debt benefits from an implicit governmental backing, contributing to a perception of high credit quality in the fixed-income market. The bond in question, identified by ISIN US3133F2C869 and CUSIP 3133F2C86, was denominated in United States Dollars (USD). It featured a fixed annual interest rate of 5%, with coupon payments distributed semi-annually. The total size of this particular issuance amounted to USD 11,620,000, with a minimum purchase increment set at USD 1,000. This bond reached its scheduled maturity on May 15, 2023, and has since been fully redeemed at 100% of its principal value, ensuring that all bondholders received their full investment back upon the instrument's expiry. |