Bond Freddie Mac REMIC Securities 0% ( US3137BFXU07 ) in USD

Issuer Freddie Mac REMIC Securities
Market price 100 %  ▲ 
Country  United States
ISIN code  US3137BFXU07 ( in USD )
Interest rate 0%
Maturity 25/12/2024 - Bond has expired



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Minimal amount /
Total amount 1 125 953 000 USD
Cusip 3137BFXU0
Detailed description Freddie Mac REMIC bonds are mortgage-backed securities representing fractional ownership in a pool of Freddie Mac-guaranteed mortgages, categorized into tranches with varying levels of risk and return.

This financial update details a recently concluded debt instrument, specifically an obligation identified by ISIN US3137BFXU07 and CUSIP 3137BFXU0, originally issued in the United States by Freddie Mac REMICS Bonds, a specialized entity within the Federal Home Loan Mortgage Corporation, a key government-sponsored enterprise (GSE) critical to the U.S. housing finance system that creates Real Estate Mortgage Investment Conduit (REMIC) securities by pooling and tranching residential mortgages, which was initially sized at $1,125,953,000, denominated in USD, carried an interest rate of 0% with a payment frequency of 1, and ultimately matured on December 25, 2024, at a market price of 100% of par, having now been fully repaid to its bondholders.