Bond Freddy Mac 2.32% ( US3134G44K19 ) in USD
Issuer | Freddy Mac | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2.32% per year ( payment 2 times a year) | ||
Maturity | 15/05/2023 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 50 000 000 USD | ||
Cusip | 3134G44K1 | ||
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. This financial analysis centers on a specific bond (ISIN: US3134G44K19; CUSIP: 3134G44K1) issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, a pivotal government-sponsored enterprise (GSE) within the United States' housing finance sector, dedicated to ensuring liquidity and stability in the mortgage market by purchasing loans from originators and transforming them into marketable securities. This particular debt instrument, denominated in USD, represented a total issuance volume of $50,000,000, with a minimum purchase requirement of $1,000, and featured a fixed coupon rate of 2.32%, with interest payments scheduled on a semi-annual basis. Reflecting its exceptional creditworthiness, the bond garnered high ratings of AA+ from Standard & Poor's and Aaa from Moody's, underscoring strong investor confidence in Freddie Mac's capacity to fulfill its financial commitments. The bond was observed to trade at 100% of its par value and, critically, reached its maturity date on May 15, 2023, having been fully repaid as of that date, thereby concluding its term. |