Bond Freddy Mac 0% ( US3134A2HG69 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 11/12/2025 |
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 | 1 214 075 500 USD |
Cusip | 3134A2HG6 |
Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
Moody's rating | Aaa ( Prime - Investment-grade ) |
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. A recent development in the fixed-income market features a zero-coupon obligation issued by the Federal Home Loan Mortgage Corporation, widely known as Freddie Mac, a prominent government-sponsored enterprise (GSE) in the United States, identified by ISIN US3134A2HG69 and CUSIP 3134A2HG6. This bond, denominated in USD and currently trading at 100% of its face value, represents a short-term investment maturing on December 11, 2025, and is part of a substantial issuance with a total size of $1,214,075,500, available for purchase in minimum increments of $1,000. As a zero-coupon bond, it does not provide periodic interest payments; instead, investors purchase it at a discount to its par value and receive the full principal amount at maturity, with the implied yield derived from this price differential, though its yield basis is typically calculated semi-annually. Freddie Mac, established by Congress in 1970, plays a critical role in the U.S. housing finance system by providing liquidity and stability to the residential mortgage market through its purchase of mortgages from lenders and subsequent securitization or portfolio holding, thereby facilitating homeownership and affordable housing. Operating under a conservatorship by the Federal Housing Finance Agency (FHFA) since 2008, Freddie Mac benefits from implicit government backing, a factor reflected in its exceptionally high credit ratings: Aaa from Moody's and AA+ from Standard & Poor's, positioning this obligation as a highly secure investment vehicle due to its perceived low credit risk. |