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ItalianoBond National Agricultural Credit Banks 5.3% ( US31331VHC37 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 99.9974 % ⇌ |
| Country |  United States
|
| ISIN code |
 US31331VHC37 ( in USD )
|
| Interest rate | 5.3% per year ( payment 2 times a year) |
| Maturity | 23/12/2024 - 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 | 10 000 000 USD |
| Cusip | 31331VHC3 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aaa ( Prime - Investment-grade ) |
| 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 specifics of a now-redeemed bond, identified by ISIN US31331VHC37 and CUSIP 31331VHC3, issued in the United States by the Federal Farm Credit Banks, a government-sponsored enterprise crucial for providing credit to the U.S. agricultural and rural sectors; the obligation, which bore an interest rate of 5.3% paid semi-annually, matured on December 23, 2024, and was subsequently redeemed, having previously traded at 99.9974% of its par value in USD, as part of a $10,000,000 total issue size with a minimum purchase requirement of $1,000, and boasted robust credit ratings of AA+ from Standard & Poor's and Aaa from Moody's. |