Bond Freddy Mac 6% ( US3134G1K292 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 6% per year ( payment 2 times a year) |
Maturity | 30/12/2022 - 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 | 50 000 000 USD |
Cusip | 3134G1K29 |
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 specific bond issue, identified by ISIN US3134G1K292 (CUSIP: 3134G1K29), recently concluded its lifecycle, having reached its maturity date. The issuer of this debt instrument is Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a government-sponsored enterprise (GSE) established in the United States. Freddie Mac plays a pivotal role in the U.S. housing finance system by purchasing mortgages from lenders, thereby providing liquidity and stability to the mortgage market. This particular bond, denominated in USD, carried an annual interest rate of 6% and represented a total issuance size of $50,000,000. It was accessible to investors with a minimum purchase size of $1,000, and interest payments were structured on a semiannual frequency. The instrument matured on December 30, 2022, at which point it was priced at 100% of its par value, signifying its full principal repayment. This confirms the obligation has been successfully redeemed by Freddie Mac, fulfilling its commitment to bondholders. |