Bond National Agricultural Credit Banks 2.59% ( US3133EEL812 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▼ 
Country  United States
ISIN code  US3133EEL812 ( in USD )
Interest rate 2.59% per year ( payment 2 times a year)
Maturity 15/05/2025 - Bond has expired



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Minimal amount 1 000 USD
Total amount 70 000 000 USD
Cusip 3133EEL81
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 article details a specific fixed-income instrument, an obligation identified by ISIN US3133EEL812 and CUSIP 3133EEL81, issued by the Federal Farm Credit Banks (FFCB), a United States-based government-sponsored enterprise (GSE) integral to financing the nation's agricultural and rural economies; with an original issue size of $70,000,000 in USD, this bond featured a 2.59% coupon rate, paid semi-annually, and had a minimum purchase increment of $1,000, maturing on May 15, 2025, and was notably repaid at its 100% par value upon maturity, reflecting its exceptionally strong credit profile as evidenced by its AA+ rating from Standard & Poor's and Aaa rating from Moody's.