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ItalianoBond National Agricultural Credit Banks 0% ( US313312ML19 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US313312ML19 ( in USD )
|
| Interest rate | 0% |
| Maturity | 02/10/2023 - 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 | 425 000 000 USD |
| Cusip | 313312ML1 |
| 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 recently matured debt instrument, identified by ISIN US313312ML19 and CUSIP 313312ML1, was a bond issued in USD by the Federal Farm Credit Banks (FFCB) within the United States, an institution serving as a government-sponsored enterprise critical to the U.S. agricultural sector by providing credit and related services to farmers, ranchers, and agricultural cooperatives; this particular note, part of a total issuance of $425,000,000 with a minimum purchase amount of $1,000, carried a 0% interest rate, indicating its nature as a zero-coupon or discount note, and despite a listed payment frequency of 2, it reached its maturity on October 2, 2023, where it was fully redeemed at its 100% market price, confirming its successful repayment. |