Bond Freddy Mac 0.4% ( US3134GXGF52 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0.4% per year ( payment 2 times a year) |
Maturity | 17/12/2024 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 15 000 000 USD |
Cusip | 3134GXGF5 |
Standard & Poor's ( S&P ) rating | N/A |
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. An analysis of the recently matured debt security, identified by ISIN US3134GXGF52 and CUSIP 3134GXGF5, provides insight into a typical offering from a major U.S. government-sponsored enterprise. The issuer, Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a critical entity in the United States housing finance system, chartered by Congress in 1970 with the primary mission of providing liquidity, stability, and affordability to the U.S. mortgage market by purchasing mortgages from lenders and packaging them into mortgage-backed securities; this role makes Freddie Mac an integral component of the nation's financial infrastructure, significantly influencing the availability and cost of homeownership. This particular bond, denominated in United States Dollars (USD), featured a coupon interest rate of 0.4% and had a total issuance size amounting to $15,000,000, with a minimum purchase increment set at $1,000, making it accessible to a range of institutional and individual investors. The debt instrument was issued in the United States, adhering to its regulatory framework, and interest payments were scheduled with a frequency of two times per year, typical for many fixed-income securities. Critically, this bond reached its maturity date on December 17, 2024, and has since been fully redeemed, with its recorded current market price at 100% of par value, reflecting its successful redemption at the principal amount upon maturity. Further underscoring its robust credit quality, the bond received the highest possible credit rating of Aaa from Moody's Investors Service, a 'triple-A' rating that signifies an extremely low credit risk, indicating the issuer's exceptional capacity to meet its financial commitments and standing as a testament to Freddie Mac's inherent stability and its implicit government backing. The historical performance of this bond, culminating in its timely redemption at par and its elite credit rating, exemplifies the profile of a secure fixed-income investment, consistent with the reputation of a government-sponsored enterprise. |