Bond Freddy Mac 5.5% ( US3133F2JY25 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 5.5% per year ( payment 2 times a year) | ||
Maturity | 15/05/2022 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 1 177 000 USD | ||
Cusip | 3133F2JY2 | ||
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 article details the characteristics of a matured bond, identified by ISIN US3133F2JY25 (CUSIP: 3133F2JY2), issued by Freddie Mac, or the Federal Home Loan Mortgage Corporation, a prominent government-sponsored enterprise (GSE) in the United States integral to the nation's housing finance system, known for providing liquidity, stability, and affordability to the mortgage market by purchasing and securitizing mortgages. Originating from the United States, this USD-denominated bond, part of a total issuance size of $1,177,000 with a minimum purchase increment of $1,000, featured a fixed annual interest rate of 5.5% paid semi-annually. While its market price was historically noted at 100%, this instrument reached its maturity on May 15, 2022, and has since been fully repaid, concluding its life cycle within the fixed income market. |