Bond Freddy Mac 0.25% ( US3134GXEX86 ) in USD
Issuer | Freddy Mac |
Market price | 97.368 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0.25% per year ( payment 2 times a year) |
Maturity | 01/06/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 300 000 000 USD |
Cusip | 3134GXEX8 |
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. An examination of the fixed-income market highlights the recent maturity and full repayment of the bond identified by ISIN US3134GXEX86 (CUSIP 3134GXEX8), issued in the United States by Freddie Mac. This entity, officially known as the Federal Home Loan Mortgage Corporation, stands as a pivotal U.S. government-sponsored enterprise (GSE) dedicated to maintaining liquidity, stability, and affordability in the American housing finance system through its operations in the secondary mortgage market. Denominated in USD, this specific obligation featured an annual interest rate of 0.25%, with coupon payments disbursed semi-annually, and constituted an initial issuance volume of $300,000,000, with a minimum purchase increment set at $1,000. Before its scheduled maturity date of June 1, 2023, the bond traded on the open market at various levels, including a reported 97.368% of its par value, prior to its complete principal and final interest repayment. |