Bond Fannie Mae 2.5% ( US3140X63P45 ) in USD
Issuer | Fannie Mae |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 2.5% per year ( payment 12 times a year) |
Maturity | 31/05/2050 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 145 885 329 USD |
Cusip | 3140X63P4 |
Next Coupon | 25/10/2025 ( In 15 days ) |
Detailed description |
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that buys mortgages from lenders, thus providing liquidity to the mortgage market and making home loans more affordable. An examination of the fixed-income market highlights a notable bond issuance from the Federal National Mortgage Association, commonly known as Fannie Mae. Identified by the ISIN US3140X63P45 and the CUSIP 3140X63P4, this security originates from the United States, issued by a crucial government-sponsored enterprise (GSE). Fannie Mae was established in 1938 with the core mission of providing liquidity, stability, and affordability to the U.S. housing finance system. It achieves this by purchasing mortgages from lenders, thereby enabling them to free up capital for new loan originations. Although a publicly traded company, Fannie Mae's critical function in the U.S. mortgage market and its ongoing conservatorship under the Federal Housing Finance Agency (FHFA) since the 2008 financial crisis often lead market participants to view its obligations as possessing an implicit governmental guarantee, bolstering their creditworthiness. This particular bond, denominated in USD, is currently trading at par, reflecting a market price of 100%. It offers an annual interest rate of 2.5% and is structured with a long-term maturity profile, set to expire on May 31, 2050. The total size of this issuance amounts to 145,885,329 USD, representing a significant capital raising effort. Investors benefit from a high frequency of income distribution, with interest payments made 12 times per year, ensuring regular monthly cash flows. |