Bond National Agricultural Credit Banks 2.8% ( US3133EE2R03 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | 100 % ▼ | ||
| Country | United States
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| ISIN code |
US3133EE2R03 ( in USD )
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| Interest rate | 2.8% per year ( payment 2 times a year) | ||
| Maturity | 26/06/2025 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 22 000 000 USD | ||
| Cusip | 3133EE2R0 | ||
| 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 analysis outlines the key characteristics of a bond identified by ISIN US3133EE2R03 and CUSIP 3133EE2R0, issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) established to provide credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities across the United States. This debt instrument, issued in the United States and denominated in USD, carried an interest rate of 2.8% and was structured with semi-annual payment frequency. The total size of the issuance was $22,000,000, with a minimum purchase size set at $1,000. While its value at maturity was confirmed at 100% of par, it is important to note that this specific bond reached its maturity on June 26, 2025, and has since been fully redeemed. Reflecting its strong credit quality and the implicit support for GSEs, the bond received top-tier ratings of AA+ from Standard & Poor's (S&P) and Aaa from Moody's, underscoring its historical status as a highly secure investment within the U.S. fixed-income market. |
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