Bond Freddy Mac 3.7% ( US3133F4XN69 ) in USD
Issuer | Freddy Mac | ||
Market price | ![]() |
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ISIN code |
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Interest rate | 3.7% per year ( payment 2 times a year) | ||
Maturity | 15/08/2030 | ||
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Minimal amount | 1 000 USD | ||
Total amount | 10 077 000 USD | ||
Cusip | 3133F4XN6 | ||
Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
Moody's rating | NR | ||
Next Coupon | 15/08/2025 ( In 9 days ) | ||
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 a detailed overview of a specific bond issuance by Freddie Mac, a prominent government-sponsored enterprise (GSE) in the United States. Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, plays a critical role in the U.S. housing finance system by purchasing mortgages, securitizing them, and selling them to investors, thereby providing liquidity and stability to the mortgage market. Its operations are underpinned by an implicit, and at times explicit, backing from the U.S. government, which generally contributes to the high credit quality of its debt instruments. The bond under review is identified by its ISIN US3133F4XN69 and CUSIP 3133F4XN6. Issued out of the United States, this debt security carries a fixed annual interest rate, or coupon, of 3.7%. Interest payments are structured to occur semi-annually, providing investors with regular income streams. The bond is set to mature on August 15, 2030, at which point the principal amount will be repaid. The total size of this particular bond issuance amounts to $10,077,000, denominated in United States Dollars (USD). Access for investors is facilitated by a minimum purchase size of $1,000. As of the current market assessment, the bond is trading at 100% of its par value, indicating its market price aligns precisely with its nominal value. The creditworthiness of this bond has been assessed by Standard & Poor's (S&P), which assigned it a robust rating of AA+, reflecting a very strong capacity for the issuer to meet its financial obligations. It is important to note that Moody's, another major credit rating agency, has not provided a rating (NR) for this specific instrument. |