Bond Freddy Mac 0.375% ( US3134GW7F72 ) in USD
Issuer | Freddy Mac |
Market price | 98.425 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.375% per year ( payment 2 times a year) |
Maturity | 18/11/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 25 000 000 USD |
Cusip | 3134GW7F7 |
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 details a specific bond, identified by ISIN US3134GW7F72 and CUSIP 3134GW7F7, which was issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation. Freddie Mac, a prominent government-sponsored enterprise (GSE) headquartered in the United States, plays a crucial role in the nation's housing finance system by purchasing mortgages from lenders and packaging them into mortgage-backed securities, thereby providing essential liquidity to the mortgage market. This particular fixed-income security, denominated in USD, carried a coupon rate of 0.375% and represented a total issuance size of $25,000,000, with a minimum purchase increment set at $1,000. Historically, its market price was observed at 98.425% of par value prior to its redemption. The bond featured a semi-annual interest payment frequency and reached its maturity date on November 18, 2024, at which point it was fully redeemed. Reflecting its high credit quality and the implied government backing, this issuance held a pristine Aaa rating from Moody's rating agency. |