Sample Freddie Mac (Federal Home Loan Mortgage Corp.)-style 2-Year agency bond
Agency AA+ Public SAMPLEIllustrative structure — 4.25% coupon · due Jun 15, 2028 · Senior agency debt · bullet · FMCC. Not a real, tradable CUSIP.
Yield to worst i
4.43%
to maturity
Yield to maturity i
4.43%
Current yield i
4.26%
Coupon i
4.25%
Modified duration i
1.9 yr
Indicative price i
99.651
model not a market quote
Market price & trading
requires a market-data feed (FINRA TRACE)Bid / Ask
live feed
dealer quotes
Last trade
live feed
price + time of last reported trade
Recent volume
live feed
reported TRACE volume
This preview computes an indicative model price off the Treasury curve. Real-time bid/ask, last-trade price and trade time are licensed FINRA TRACE data — available when a feed is connected.
Terms & structure
| Issuer | Freddie Mac (Federal Home Loan Mortgage Corp.) FMCC |
| Type | Agency |
| Public access i | Public Government-agency (GSE) debt — available to individuals through a broker, typically in small minimums. |
| Seniority | Senior agency debt |
| Coupon i | 4.25% (semiannual) |
| Maturity | Jun 15, 2028 |
| Callable | No (bullet) |
| Amount outstanding i | $1.0B (representative) |
| Minimum purchase | $1,000 face (×$1,000) |
| CUSIP | live feed · shown as FMCC 4.25% ’28 here |
| FIGI | live feed |
Computed metrics model
Clean price i
99.651
Dirty price i
99.686
Accrued i
0.035
Yield to maturity i
4.43%
Yield to worst i
4.43%
Modified duration i
1.9 yr
Convexity
4.55
MODEL spread +26bp
— our model's credit-spread assumption for a AA+ rating, not an observed market spread. Real spreads move with supply, liquidity and issuer news.
This bond is non-callable (a bullet), so yield to worst equals yield to maturity.
Credit context
AA+
U.S. agency / government-sponsored issuer — top-tier credit, implicit or explicit government backing. Issuer financials are not applicable in the way they are for a corporation.
Rate sensitivity i
approximate, from duration & convexity| Parallel rate move | Approx. price change | Approx. price |
|---|---|---|
| -200 bp | +3.87% | 103.505 |
| -100 bp | +1.91% | 101.555 |
| +100 bp | -1.87% | 97.792 |
| +200 bp | -3.69% | 95.978 |