Bond Freddy Mac 1.7% ( US3134GWJ316 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 1.7% per year ( payment 2 times a year) |
Maturity | 04/09/2035 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 25 000 000 USD |
Cusip | 3134GWJ31 |
Next Coupon | 04/09/2025 ( In 29 days ) |
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 noteworthy debt instrument, identified by ISIN US3134GWJ316 and CUSIP 3134GWJ31, is currently available on the market, issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation. As a critical government-sponsored enterprise (GSE) established in 1970, Freddie Mac plays a pivotal role in the United States' housing finance system by ensuring liquidity, stability, and affordability. Its core mission involves purchasing mortgages from lenders, pooling them into marketable securities, and selling them to investors, thereby facilitating a consistent flow of funds for the U.S. housing market. Originating from the United States, this particular bond is denominated in USD and is currently trading at its par value, reflecting a market price of 100% of its face amount. It offers an annual interest rate of 1.7%, with coupon payments structured on a semi-annual basis, consistent with a payment frequency of two times per year. The total issue size for this bond stands at $25,000,000, with a minimum purchase increment for investors set at $1,000. This fixed-income security is slated to mature on September 4, 2035, providing a long-term investment horizon for holders. |