Bond Freddy Mac 4.2% ( US3133F4JB87 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 4.2% per year ( payment 2 times a year) | ||
Maturity | 15/10/2024 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 61 596 000 USD | ||
Cusip | 3133F4JB8 | ||
Standard & Poor's ( S&P ) rating | NR | ||
Moody's rating | NR | ||
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. An examination of a specific bond issuance by Freddie Mac, the Federal Home Loan Mortgage Corporation, reveals key characteristics of debt instruments issued by this prominent U.S. government-sponsored enterprise (GSE). Freddie Mac plays a critical role in the United States housing finance system by purchasing mortgages from lenders, securitizing them into mortgage-backed securities, and guaranteeing their timely payment, thereby enhancing liquidity, stability, and affordability in the market. The subject bond, identified by ISIN US3133F4JB87 and CUSIP 3133F4JB8, was an obligation issued in the United States. It carried an annual interest rate of 4.2%, with payments made semi-annually, and was denominated in U.S. Dollars (USD). The total size of this particular issuance amounted to USD 61,596,000, with a minimum purchase increment set at USD 1,000. Notably, this bond recently reached its maturity on October 15, 2024, at which point its market price was recorded at 100% of par, signifying its full repayment to investors. Concerning credit assessments, both Standard & Poor's (S&P) and Moody's indicated an 'NR' (Not Rated) status for this specific instrument, meaning it did not receive an official credit rating from these agencies. |