I have a bond (not stock) of Freddie Mac, which would be worthless if the company fails. Should I be worried?

Question

I know the government has said they will support Freddie, but I can't help but wonder if there is a chance it won't be able to. Should I be (a) worried? (b) a little worried? (c) not worried at all.

Answer 1

hold on to it. the feds guarantee it up to100.000.00

Answer 2

First of all bigj has no clue. Deposits at banks are guaranteed to $100,000. Freddie Mac is not a bank and your bond is not a deposit. If Freddie Mac goes under take comfort that you have claims before stockholders do. Chances are your bond would not go to $0, but it can go well off of face value. Good luck.