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 analysis details a specific fixed-income instrument, an obligation identified by ISIN US3137EABU21 and CUSIP 3137EABU2, which was issued in the United States by Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, a critical government-sponsored enterprise (GSE) established to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages and selling mortgage-backed securities; this USD-denominated bond, part of a substantial $3,000,000,000 total issuance with a minimum acquisition threshold of $2,000, featured an annual interest rate of 3.125% distributed semi-annually, and notably reached its maturity on October 25, 2010, at which point it was fully redeemed by the issuer, having traded at its par value of 100% prior to its repayment.
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