Bond Freddy Mac 2.75% ( US3134GXWF78 ) in USD
Issuer | Freddy Mac |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.75% per year ( payment 2 times a year) |
Maturity | 29/12/2023 - 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 | 116 000 000 USD |
Cusip | 3134GXWF7 |
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 detailed financial overview concerns a specific debt instrument, identified as a bond under ISIN US3134GXWF78 and CUSIP 3134GXWF7, originated in the United States by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a critical government-sponsored enterprise (GSE) mandated by the U.S. Congress to promote stability and liquidity in the secondary mortgage market by purchasing mortgages from lenders and packaging them into securities, whose issuance, denominated in USD, represented a total size of 116,000,000 with a minimum purchase amount of 1,000, bearing a 2.75% annual interest rate paid semi-annually, and which, having been highly rated AA+ by Standard & Poor's and Aaa by Moody's, signifying its robust creditworthiness and perceived low risk due to its GSE status, successfully matured and was fully redeemed at its par value of 100% on December 29, 2023, as confirmed by its current status. |