Bond Freddy Mac 8% ( US3134G4UN68 ) in USD

Issuer Freddy Mac
Market price 100 %  ⇌ 
Country  United States
ISIN code  US3134G4UN68 ( in USD )
Interest rate 8% per year ( payment 2 times a year)
Maturity 28/02/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 25 000 000 USD
Cusip 3134G4UN6
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 significant fixed-income security, identified by its ISIN US3134G4UN68 and CUSIP 3134G4UN6, issued by Freddie Mac, has successfully reached its scheduled maturity and undergone full redemption. This bond, denominated in US Dollars (USD), featured a robust annual interest rate of 8%, with coupon payments distributed semi-annually. The total issuance size for this offering amounted to USD 25,000,000, structured to accommodate investors with a minimum purchase requirement of USD 1,000. The issuer, Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a critical government-sponsored enterprise (GSE) based in the United States. Its fundamental mission involves providing essential liquidity, stability, and affordability to the U.S. housing market by acquiring mortgages from lenders and transforming them into marketable securities. This pivotal role positions Freddie Mac as an indispensable pillar of the American financial landscape, indirectly fostering homeownership and supporting the rental housing sector. Due to its status as a GSE, debt securities issued by Freddie Mac are often perceived by investors as carrying a lower credit risk, bolstered by an implicit government backing. The bond, which originated from the United States, officially matured on February 28, 2024. At maturity, the principal amount was repaid to investors at 100% of its face value, confirming the successful completion of the investment cycle. This full and timely repayment highlights the inherent reliability characteristic of fixed-income instruments issued by entities of Freddie Mac's standing, providing investors with predictable returns over the bond's life cycle.