Bond Freddy Mac 5% ( US3134GX6D16 ) in USD
Issuer | Freddy Mac |
Market price | 99.901 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5% per year ( payment 2 times a year) |
Maturity | 15/11/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 15 000 000 USD |
Cusip | 3134GX6D1 |
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 report provides an overview of the US3134GX6D16 bond, a fixed-income instrument issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation. As a significant government-sponsored enterprise (GSE) in the United States, Freddie Mac plays a crucial role in the nation's housing finance system by ensuring a steady flow of mortgage funds through the purchase and securitization of mortgages from lenders, thereby contributing to liquidity and stability in the U.S. housing market. The bond, uniquely identified by its ISIN US3134GX6D16 and CUSIP 3134GX6D1, was denominated in United States Dollars (USD) and offered an annual interest rate, or coupon, of 5%, with payments distributed semiannually to bondholders. The total issue size for this particular offering amounted to $15,000,000, with a minimum investment threshold set at $1,000. Prior to its maturity, the bond was observed trading on the secondary market at 99.901% of its par value. The instrument reached its scheduled maturity date on November 15, 2024, and has subsequently been fully redeemed, returning principal to investors. Reflecting the strong creditworthiness of the issuer and its implicit government backing, the bond received top-tier ratings from leading agencies: AA+ from Standard & Poor's (S&P) and Aaa from Moody's, underscoring its high credit quality during its lifecycle. |