Bond National Agricultural Credit Banks 2.5% ( US3133EAWP92 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ⇌ 
Country  United States
ISIN code  US3133EAWP92 ( in USD )
Interest rate 2.5% per year ( payment 2 times a year)
Maturity 02/07/2024 - 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 15 000 000 USD
Cusip 3133EAWP9
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.

A recently matured bond issued by the Federal Farm Credit Banks, identified by ISIN US3133EAWP92 and CUSIP 3133EAWP9, exemplifies a high-grade debt instrument. The Federal Farm Credit Banks comprise a system of government-sponsored enterprises (GSEs) in the United States, specifically established to provide reliable and competitive credit to farmers, ranchers, and rural communities. As a vital pillar of the U.S. agricultural economy, the System primarily raises funds through the issuance of debt securities in the capital markets, which are backed by the joint and several obligations of the participating Farm Credit Banks, thus benefiting from a high degree of implied government support. This specific bond, denominated in USD, carried a fixed interest rate of 2.5% and represented a total issuance size of $15,000,000, with a minimum purchase size of $1,000. Originating from the United States, it traded at a market price of 100% and offered interest payments with a biannual frequency. Its maturity date was set for July 2, 2024, and it has subsequently matured and been fully redeemed, successfully fulfilling its obligations to bondholders. Reflecting its exceptional credit quality and the robust financial standing of its issuer, the bond was assigned a rating of AA+ by Standard & Poor's (S&P) and Aaa by Moody's, placing it firmly within the highest tiers of investment-grade securities.