Bond Freddy Mac 2.22% ( US3134GXNJ91 ) in USD

Issuer Freddy Mac
Market price 99.0347 %  ⇌ 
Country  United States
ISIN code  US3134GXNJ91 ( in USD )
Interest rate 2.22% per year ( payment 2 times a year)
Maturity 27/12/2024 - Bond has expired



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Minimal amount 1 000 USD
Total amount 25 000 000 USD
Cusip 3134GXNJ9
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.

A fixed-income instrument issued by Freddie Mac, identified by ISIN US3134GXNJ91 and CUSIP 3134GXNJ9, has completed its lifecycle, having matured and been fully repaid on December 27, 2024. Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a prominent Government-Sponsored Enterprise (GSE) operating under a congressional charter in the United States, playing a critical role in the nation's housing finance system by providing liquidity, stability, and affordability to the mortgage market through the purchase of mortgages from lenders and their securitization. This particular bond, denominated in USD, featured an annual interest rate of 2.22% and was part of a total issuance size of $25,000,000, with a minimum purchase size set at $1,000. Prior to its redemption, the bond was last quoted at a market price of 99.0347% and structured to distribute interest payments semi-annually. Reflecting the strong credit standing of its issuer, the bond was assigned an AA+ credit rating by Standard & Poor's (S&P) and a top-tier Aaa rating by Moody's, underscoring its very high credit quality and minimal credit risk.