Bond Freddy Mac 5.5% ( US3133F2RS64 ) 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 | 15/10/2022 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 4 717 000 USD | ||
Cusip | 3133F2RS6 | ||
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 and lifecycle of a specific fixed-income instrument issued by Freddie Mac, which has successfully reached its maturity and been redeemed. The issuer, Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise (GSE) in the United States established in 1970 with the mission to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and packaging them into mortgage-backed securities, thus playing a crucial role in the American financial system. The bond, identified by its ISIN US3133F2RS64 and CUSIP 3133F2RS6, was issued in the United States and denominated in U.S. Dollars (USD). This particular bond featured a fixed interest rate of 5.5% and a payment frequency of two times per year, indicating semi-annual coupon distributions. The total size of this issuance was 4,717,000 USD, with a minimum purchase unit set at 1,000 USD. The bond reached its scheduled maturity date on October 15, 2022, at which point its market price was quoted at 100% of its face value, confirming full principal preservation. Subsequent to its maturity, this obligation has been fully redeemed and repaid, concluding its presence in the capital markets. |