Bond National Agricultural Credit Banks 3.15% ( US3133EAG778 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
|
||
| ISIN code |
US3133EAG778 ( in USD )
|
||
| Interest rate | 3.15% per year ( payment 2 times a year) | ||
| Maturity | 07/08/2034 | ||
|
|||
| Minimal amount | 1 000 USD | ||
| Total amount | 25 000 000 USD | ||
| Cusip | 3133EAG77 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aaa ( Prime - Investment-grade ) | ||
| Next Coupon | 07/08/2026 ( In 179 days ) | ||
| 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 new financial instrument has emerged from the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) critically involved in providing credit and related financial services to the nation's agricultural sector. This collective of independent, borrower-owned institutions plays a vital role in ensuring a stable and reliable flow of capital to farmers, ranchers, and agricultural cooperatives, operating under the oversight of the Farm Credit Administration. The specific bond offering, identified by ISIN US3133EAG778 and CUSIP 3133EAG77, is a United States-issued, USD-denominated obligation currently trading at 100% of its par value. It features an annual interest rate of 3.15%, with interest disbursed semi-annually, and carries a maturity date of August 7, 2034. The total issuance size for this bond is $25,000,000, with a minimum purchase amount set at $1,000. Underscoring its robust credit quality, the bond has been assigned a strong AA+ rating by Standard & Poor's and the highest possible Aaa rating by Moody's, reflecting its standing as a highly secure investment vehicle. |
||
Français
Italiano
United States