Bond Freddy Mac 0.4% ( US3134GXCF98 ) in USD

Issuer	Freddy Mac
Market price	98.374 % ▼
Country	United States
ISIN code	US3134GXCF98 ( in USD )
Interest rate	0.4% per year ( payment 2 times a year)
Maturity	24/05/2024 - Bond has expired
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Minimal amount	2 000 USD
Total amount	300 000 000 USD
Cusip	3134GXCF9
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 article provides an overview of the US3134GXCF98 bond, also identified by its CUSIP 3134GXCF9, which recently reached its maturity and was fully repaid. The issuer of this fixed-income security is Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a government-sponsored enterprise (GSE) established in the United States. Freddie Mac plays a critical role in the U.S. housing finance system by purchasing mortgages from lenders and packaging them into mortgage-backed securities, thereby providing liquidity to the mortgage market and enabling financial institutions to offer more affordable loans to homeowners. The bond, denominated in USD, carried an annual interest rate of 0.4% and was part of a total issuance valued at $300,000,000, with a minimum purchase size set at $2,000. Interest payments were structured with a frequency of two times per year, indicating semi-annual disbursements to bondholders. While its last reported market price was 98.374% of par, this figure now represents a historical reference as the security officially matured on May 24, 2024, and has since been fully repaid, confirming its principal and final interest payment obligations have been met by Freddie Mac, thus completing its lifecycle as a debt instrument.