Bond Freddy Mac 3.375% ( US3134GXF254 ) in USD
Issuer | Freddy Mac |
Market price | 99.961 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 3.375% per year ( payment 2 times a year) |
Maturity | 27/01/2025 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 50 000 000 USD |
Cusip | 3134GXF25 |
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 financial article analyzes a recently concluded fixed-income instrument issued by Freddie Mac, a prominent entity in the U.S. housing finance sector. Identified by its ISIN US3134GXF254 and CUSIP 3134GXF25, this bond was denominated in USD and formed part of a substantial issuance originating from the United States. Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, operates as a pivotal Government-Sponsored Enterprise (GSE) under a congressional charter, with its core mission focused on providing liquidity, stability, and affordability to the nation's housing market by purchasing mortgages and securitizing them. As a significant issuer in global debt markets, Freddie Mac?s financial instruments are often viewed with high regard, benefiting from an implicit government backing and their critical role in supporting the U.S. housing finance system. The bond carried a fixed annual interest rate of 3.375%, with interest payments scheduled semi-annually, translating to a payment frequency of two times per year. The total original issuance size for this specific series amounted to $50,000,000, and for individual investors, the minimum purchase size was set at $1,000. Its original scheduled maturity date was January 27, 2025; however, this bond has now successfully completed its full lifecycle, having been completely redeemed and repaid by the issuer, fulfilling its obligations to bondholders. Prior to its final redemption, the bond's market price was observed at 99.961% of its par value, reflecting its valuation as it neared the conclusion of its term and the certainty of its impending repayment. The instrument benefited from robust credit assessments from leading international rating agencies: Standard & Poor's assigned it an AA+ rating, indicating a very strong capacity to meet financial commitments, while Moody's provided its highest possible rating of Aaa, signifying an exceptionally strong ability to meet its financial obligations. These superior credit ratings underscored the bond's perceived low credit risk, making it an attractive asset for investors seeking high-quality fixed-income exposure. |