Bond Freddy Mac 3% ( US3134GXUS18 ) in USD
Issuer | Freddy Mac |
Market price | 99.5389 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 3% per year ( payment 2 times a year) |
Maturity | 26/11/2024 - 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 | 15 000 000 USD |
Cusip | 3134GXUS1 |
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, specifically an obligation with ISIN US3134GXUS18 and CUSIP 3134GXUS1, was issued by Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, a government-sponsored enterprise playing a crucial role in the United States' secondary mortgage market. This United States-issued bond, denominated in USD, featured a 3% coupon rate and had a total issuance size of $15,000,000, with a minimum investment threshold of $1,000. It was structured to provide payments twice annually and, prior to its recent conclusion, was observed to be trading at a market price of 99.5389%. Notably, this particular bond, originally maturing on November 26, 2024, has now reached its full maturity and has been completely reimbursed. Its credit quality was robustly affirmed by leading rating agencies, securing an AA+ rating from Standard & Poor's (S&P) and the highest possible Aaa rating from Moody's. |