Bond National Agricultural Credit Banks 0% ( US313312AC48 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ⇌
Country	United States
ISIN code	US313312AC48 ( in USD )
Interest rate	0%
Maturity	03/01/2023 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	500 000 000 USD
Cusip	313312AC4
Detailed description	The Federal Farm Credit Banks are a government-sponsored enterprise system providing credit and other financial services to farmers, ranchers, and agricultural cooperatives. This financial article details the US313312AC48 bond, identified by CUSIP 313312AC4, an obligation issued by the Federal Farm Credit Banks. Operating as a vital government-sponsored enterprise (GSE) in the United States, the Federal Farm Credit Banks are fundamental to providing reliable credit to the nation's agricultural sector and rural communities. This specific bond issuance, denominated in USD and originating from the United States, represented a total size of $500,000,000, with a minimum investment threshold of $1,000. Characterized by a 0% interest rate and a specified semiannual payment frequency, typically indicating a zero-coupon structure where returns are realized at maturity or reflecting its ultimate full redemption, the bond successfully reached its maturity on January 3, 2023. At that juncture, its market price was 100%, confirming that the obligation has been fully redeemed and principal repaid to bondholders in accordance with its terms.