Bond National Agricultural Credit Banks 3.3% ( US3133ED3U41 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | 100 % ▲ | ||
| Country | United States
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| ISIN code |
US3133ED3U41 ( in USD )
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| Interest rate | 3.3% per year ( payment 2 times a year) | ||
| Maturity | 03/10/2023 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 5 000 000 USD | ||
| Cusip | 3133ED3U4 | ||
| 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. This financial article details the US3133ED3U41 bond (CUSIP: 3133ED3U4), a USD-denominated obligation issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise dedicated to providing credit and financial services to American farmers, ranchers, and rural communities, which, having been originally structured with a total size of $5,000,000, a minimum purchase increment of $1,000, and an annual interest rate of 3.3% paid semi-annually, consistently held robust credit ratings of Aaa from Moody's and AA+ from Standard & Poor's throughout its tenure before being fully repaid upon its maturity on October 3, 2023. |
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