Bond Freddy Mac 2.35% ( US3134GXNG52 ) in USD
Issuer | Freddy Mac |
Market price | 98.8089 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.35% per year ( payment 2 times a year) |
Maturity | 25/03/2025 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 125 000 000 USD |
Cusip | 3134GXNG5 |
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 provides details regarding a specific fixed-income instrument, ISIN US3134GXNG52 (CUSIP: 3134GXNG5), which was issued by Freddie Mac, a key entity within the United States' financial landscape. The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a government-sponsored enterprise (GSE) established in the U.S. to ensure liquidity, stability, and affordability in the housing finance market, primarily by purchasing mortgages from lenders and packaging them into mortgage-backed securities. This particular bond, denominated in USD and issued from the United States, carried a fixed interest rate of 2.35% and paid interest semi-annually. The total issuance size amounted to $125,000,000, with a minimum investment threshold of $1,000. At one point during its active trading period, its market price was quoted at approximately 98.8089% of par value. The bond reached its maturity date on March 25, 2025, and has since been fully redeemed and repaid to bondholders. Throughout its outstanding period, the bond commanded high credit ratings, notably AA+ from Standard & Poor's and Aaa from Moody's, reflecting its strong credit quality and the issuer's robust financial standing. |