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ItalianoBond Freddy Mac 4% ( US3134GXC517 ) in USD
| Issuer | Freddy Mac |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US3134GXC517 ( in USD )
|
| Interest rate | 4% per year ( payment 2 times a year) |
| Maturity | 22/07/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 30 000 000 USD |
| Cusip | 3134GXC51 |
| Standard & Poor's ( S&P ) rating | NR |
| Moody's rating | NR |
| 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 fixed-income instrument identified by ISIN US3134GXC517 and CUSIP 3134GXC51, this bond was issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation. As a key U.S. government-sponsored enterprise (GSE) operating within the United States, Freddie Mac plays a pivotal role in the nation's residential mortgage market by fostering a stable and liquid secondary market for mortgages. This specific issuance, denominated in USD, carried a fixed annual interest rate of 4% and constituted a total issuance size of $30,000,000, with a minimum purchase requirement of $1,000. Interest payments were structured with a semi-annual frequency. The bond matured on July 22, 2024, at which point it was fully redeemed at par, consistent with its 100% market price at the time of repayment. It should be noted that this particular bond issue did not receive a formal credit rating from either Standard & Poor's (S&P) or Moody's, indicated by an "NR" (Not Rated) designation from both agencies. |