Bond Freddy Mac 0.53% ( US3134GWU958 ) in USD
| Issuer | Freddy Mac |
| Market price | 99.015 % ⇌ |
| Country | United States
|
| ISIN code |
US3134GWU958 ( in USD )
|
| Interest rate | 0.53% per year ( payment 2 times a year) |
| Maturity | 22/09/2025 - Bond has expired |
|
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|
| Minimal amount | 1 000 USD |
| Total amount | 75 000 000 USD |
| Cusip | 3134GWU95 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | Aa1 ( High grade - 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 analysis details a fixed-income instrument, an unsecured bond issued by Freddie Mac, identified by ISIN US3134GWU958 and CUSIP 3134GWU95. The issuer, formally known as the Federal Home Loan Mortgage Corporation, is a U.S. government-sponsored enterprise (GSE) established in 1970 to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages and packaging them into mortgage-backed securities; while a private company, Freddie Mac operates under the conservatorship of the Federal Housing Finance Agency (FHFA) and benefits from implicit, though not explicit, U.S. government backing, which significantly enhances the perceived creditworthiness of its debt issuances. Issued in the United States and denominated in USD, this particular bond carries a maturity date of September 22, 2025, and offers a fixed annual coupon rate of 0.53%, with interest payments disbursed semi-annually. As of the latest market data, the bond is trading at 99.015% of its par value, indicating a slight discount from par. The total issue size for this series amounts to $75,000,000, suggesting a reasonable level of market liquidity, with a minimum purchase increment set at $1,000, making it accessible to a range of investors. Moody's Investors Service has assigned a high-grade credit rating of Aa1 to this bond, reflecting its very low credit risk and Freddie Mac's crucial role within the U.S. financial system, supported by its implicit governmental backing. |
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