Bond National Agricultural Credit Banks 2.53% ( US3133EC3P73 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EC3P73 ( in USD )
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| Interest rate | 2.53% per year ( payment 2 times a year) | ||
| Maturity | 23/11/2027 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 15 000 000 USD | ||
| Cusip | 3133EC3P7 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 23/05/2026 ( In 103 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 notable fixed-income instrument currently drawing market attention is the bond issued by the Federal Farm Credit Banks, identifiable by its ISIN US3133EC3P73 and CUSIP 3133EC3P7. The Federal Farm Credit Banks (FFCB) represent a nationwide network of borrower-owned lending institutions and specialized service organizations providing credit and related services to agriculture and rural communities across the United States; as a government-sponsored enterprise (GSE), FFCB debt obligations are recognized for their high credit quality, reflecting their critical role in supporting the U.S. agricultural sector. This specific bond, denominated in USD and issued from the United States, carries a fixed coupon rate of 2.53% and is scheduled to mature on November 23, 2027. The total size of this particular issue is $15,000,000, with a minimum purchase amount set at $1,000, making it accessible to a range of investors. Currently, the bond is trading on the market at 96.682% of its par value. Interest payments are made with a frequency of two times per year, typically semi-annually. Its strong credit profile is affirmed by top-tier ratings from leading agencies: Standard & Poor's has assigned an AA+ rating, and Moody's has rated it Aa1. |
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