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 investment opportunity is available through a debt instrument, specifically a bond identified by ISIN US3134G1NN03 and CUSIP 3134G1NN0, issued by Freddie Mac, officially the Federal Home Loan Mortgage Corporation, a significant government-sponsored enterprise (GSE) chartered by the U.S. Congress to provide liquidity, stability, and affordability to the secondary mortgage market by purchasing eligible mortgage loans from lenders and pooling them into mortgage-backed securities, this particular USD-denominated obligation, issued in the United States, is currently trading at 100% of its par value, features a fixed interest rate of 5.25% payable semi-annually, forms part of a total issue size of $300,000,000, can be acquired in minimum purchase increments of $1,000, and is set to mature on July 28, 2025, with both Standard & Poor's and Moody's having assigned it a 'Not Rated' (NR) designation.
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