Bond Freddy Mac 2% ( US3134G3Z528 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2% per year ( payment 2 times a year) | ||
Maturity | 19/06/2023 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 50 000 000 USD | ||
Cusip | 3134G3Z52 | ||
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. An analysis of a recently matured debt instrument reveals key characteristics of a high-grade fixed-income security issued by Freddie Mac. The issuer, formally known as the Federal Home Loan Mortgage Corporation, is a U.S. government-sponsored enterprise (GSE) critical to the nation's housing finance system, providing essential liquidity and stability to the mortgage market, which inherently contributes to the strong credit profile of its debt obligations. This specific bond, identified by ISIN US3134G3Z528 and CUSIP 3134G3Z52, was denominated in U.S. Dollars (USD) and carried an annual coupon interest rate of 2%. The total issuance size for this security was $50,000,000, with a minimum purchase increment set at $1,000. A notable aspect of this obligation is its status as a fully matured and redeemed security, having reached its maturity date on June 19, 2023, at which point it was repaid at 100% of its principal value. Throughout its active life, interest payments were made to bondholders on a semi-annual basis. Reflecting its strong creditworthiness, the bond received a highly favorable AA+ rating from Standard & Poor's (S&P) and the prestigious Aaa rating from Moody's, both indicative of very low credit risk, consistent with debt issued from the United States. |