Bond Freddy Mac 5% ( US3133F2YW93 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 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 | 4 719 000 USD |
Cusip | 3133F2YW9 |
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 provides details on a specific debt instrument, identified as an Obligation, which bore the ISIN US3133F2YW93 and the CUSIP 3133F2YW9. The issuer of this bond was Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a pivotal government-sponsored enterprise (GSE) within the United States' financial landscape, established to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and packaging them into mortgage-backed securities. Issued from the United States, this particular bond was denominated in USD and carried an annual interest rate of 5%. The total size of the issuance amounted to 4,719,000 USD, with a minimum purchase increment set at 1,000 USD. Holders of this bond received interest payments with a frequency of two times per year, typically on a semi-annual basis. Importantly, this bond reached its maturity date on April 15, 2024, at which point it was fully redeemed at its par value of 100%, completing its lifecycle and returning principal to its investors. |