Bond Freddy Mac 0.62% ( US3134GXDM31 ) in USD
Issuer | Freddy Mac |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0.62% per year ( payment 2 times a year) |
Maturity | 01/12/2025 |
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Minimal amount | 1 000 USD |
Total amount | 500 000 000 USD |
Cusip | 3134GXDM3 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | Aa1 ( High grade - Investment-grade ) |
Next Coupon | 01/12/2025 ( In 117 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. Market participants are currently evaluating a specific fixed-income instrument issued by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. Established as a government-sponsored enterprise (GSE), Freddie Mac plays a pivotal role in the United States housing finance system, with its primary mission involving providing liquidity, stability, and affordability to the residential mortgage market by purchasing mortgages from lenders, thereby enabling them to originate more loans; this critical function underpins its significance within the U.S. financial architecture. Identified by ISIN US3134GXDM31 and CUSIP 3134GXDM3, this bond, issued in the United States and denominated in U.S. Dollars (USD), carries a fixed interest rate of 0.62% with payments scheduled semi-annually. The bond is set to mature on December 1, 2025, and represents a total issue size of $500,000,000, with a minimum purchase increment set at $1,000. As of recent market data, the instrument is trading at 98.187% of its par value, and its creditworthiness is highly regarded, with Moody's assigning it an impressive Aa1 rating, reflecting Freddie Mac's integral role and implied support within the U.S. financial system, generally indicating a low risk of default. |