Bond National Agricultural Credit Banks 2.2% ( US3133ECK941 ) in USD

Issuer National Agricultural Credit Banks
Market price 99.597 %  ▼ 
Country  United States
ISIN code  US3133ECK941 ( in USD )
Interest rate 2.2% per year ( payment 2 times a year)
Maturity 28/03/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 26 000 000 USD
Cusip 3133ECK94
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 recently matured debt instrument reveals a bond (ISIN: US3133ECK941, CUSIP: 3133ECK94) issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) playing a vital role in providing credit to agricultural and rural communities, which originated in the United States with a total issue size of $26,000,000 and a minimum purchase size of $1,000, offering a 2.2% interest rate payable semi-annually in USD, and was last quoted on the market at 99.597% prior to its maturity on March 28, 2023, at which time it was successfully redeemed.