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ItalianoBond National Agricultural Credit Banks 5.6% ( US31331XW321 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US31331XW321 ( in USD )
|
| Interest rate | 5.6% per year ( payment 2 times a year) |
| Maturity | 16/08/2022 - 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 | 31331XW32 |
| 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. An analysis of a specific debt instrument issued by the Federal Farm Credit Banks reveals a US-denominated bond identified by ISIN US31331XW321 and CUSIP 31331XW32, which has recently fulfilled its lifecycle; the Federal Farm Credit Banks, as the issuer, are an integral part of the Farm Credit System, a government-sponsored enterprise (GSE) in the United States that serves as a nationwide network of borrower-owned financial institutions providing credit and financial services to agricultural producers, rural utility providers, and agricultural cooperatives, whose debt instruments are often viewed with high regard due to their critical role in the U.S. agricultural sector and their implicit government backing; this particular bond, issued in the United States, featured an annual interest rate of 5.6% with payments occurring semi-annually, an initial total issue size of $10,000,000, and a minimum investment threshold of $1,000, trading at 100% of its par value on the market prior to its conclusion; the instrument successfully reached its maturity on August 16, 2022, and has since been fully repaid to bondholders. |