Bond National Agricultural Credit Banks 0% ( US313312JG60 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US313312JG60 ( in USD )
|
| Interest rate | 0% |
| Maturity | 18/07/2023 - 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 | 100 000 000 USD |
| Cusip | 313312JG6 |
| 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. A bond issued by the Federal Farm Credit Banks, a government-sponsored enterprise (GSE) that serves as a vital source of credit for the nation's farmers, ranchers, agricultural cooperatives, and rural utilities, has recently reached its maturity. Identified by ISIN US313312JG60 and CUSIP 313312JG6, this zero-coupon bond, denominated in USD, had an original total issue size of $100,000,000 with a minimum purchase size of $1,000. While the bond instrument's specifications included a stated payment frequency of 2, typical for semi-annual payments, its zero-coupon structure meant that no periodic interest payments were disbursed, with its return realized solely at redemption. The instrument, issued in the United States, matured on July 18, 2023, at which point it was redeemed at its par value, reflecting a final market price of 100%. |
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