Bond Freddy Mac 2.4% ( US3134GXPM03 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.4% per year ( payment 2 times a year) |
Maturity | 28/03/2025 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 USD |
Total amount | 20 000 000 USD |
Cusip | 3134GXPM0 |
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 instrument, identified by ISIN US3134GXPM03 and CUSIP 3134GXPM0, was an obligation issued in the United States by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a government-sponsored enterprise (GSE) integral to the U.S. housing finance system through its role in providing liquidity by purchasing and securitizing mortgages; this specific bond, denominated in USD, featured a 2.4% coupon rate with payments distributed semi-annually, represented a segment of a total issuance sized at $20,000,000, and required a minimum investment of $1,000, notably reaching its maturity on March 28, 2025, at which point it was fully redeemed at its par value of 100%, having previously commanded high investment-grade ratings of AA+ from Standard & Poor's and Aaa from Moody's. |