Bond National Agricultural Credit Banks 2.91% ( US3133EDWX65 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | 99.7523 % ▲ | ||
| Country | United States
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| ISIN code |
US3133EDWX65 ( in USD )
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| Interest rate | 2.91% per year ( payment 2 times a year) | ||
| Maturity | 07/10/2024 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 13 000 000 USD | ||
| Cusip | 3133EDWX6 | ||
| 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. The Federal Farm Credit Banks (FFCB), a U.S. government-sponsored enterprise (GSE) integral to providing essential credit to agricultural and rural communities, issued the recently matured bond identified by ISIN US3133EDWX65 (CUSIP 3133EDWX6), a USD-denominated obligation that successfully concluded its lifecycle with full repayment on October 7, 2024, after having been part of a $13,000,000 total issue available in minimum $1,000 units, offering a 2.91% semi-annual coupon, and consistently demonstrating a robust credit profile through its Aaa rating from Moody's and AA+ from Standard & Poor's, with its market price last observed at 99.7523%. |
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