Bond Freddie Mac REMIC Securities 0% ( US3137BFXU07 ) in USD
Issuer | Freddie Mac REMIC Securities |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 25/12/2024 - 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 | / |
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. |