Bond Freddy Mac 0% ( US3134GXMC57 ) in USD

Issuer Freddy Mac
Market price 100 %  ⇌ 
Country  United States
ISIN code  US3134GXMC57 ( in USD )
Interest rate 0%
Maturity 04/08/2022 - Bond has expired



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Minimal amount 1 000 USD
Total amount 650 000 000 USD
Cusip 3134GXMC5
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.

A specific debt instrument issued by the U.S. government-sponsored enterprise, Freddie Mac, identified by ISIN US3134GXMC57 and CUSIP 3134GXMC5, has successfully reached its maturity and been fully repaid. Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a critical player in the United States' housing finance system, tasked with providing liquidity, stability, and affordability to the mortgage market by purchasing loans from lenders and transforming them into mortgage-backed securities. This particular bond, issued in the United States and denominated in USD, carried a 0% interest rate, categorizing it as a zero-coupon instrument, meaning investors realized their return from the difference between the purchase price and the full principal repayment at maturity rather than from periodic interest payments. The total issuance size for this bond was 650,000,000 USD, with a minimum purchase size set at 1,000 USD. Having matured on August 4, 2022, this bond was repaid at its par value of 100% of the principal, concluding its life cycle for investors.