Bond National Agricultural Credit Banks 3.22% ( US3133EHH300 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EHH300 ( in USD )
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| Interest rate | 3.22% per year ( payment 2 times a year) | ||
| Maturity | 25/01/2038 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 25 000 000 USD | ||
| Cusip | 3133EHH30 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 25/07/2026 ( In 166 days ) | ||
| 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 provides a comprehensive overview of a specific debt instrument issued by the Federal Farm Credit Banks, an essential government-sponsored enterprise (GSE) dedicated to serving the financial needs of agricultural and rural communities across the United States. Identified by ISIN US3133EHH300 and CUSIP 3133EHH30, this bond originates from the U.S. and currently trades at 83.056% of its par value, denominated in USD. It carries a coupon interest rate of 3.22% per annum, with payments distributed semi-annually to bondholders. The total issuance size for this instrument amounts to $25,000,000, with a minimum purchase requirement set at $1,000. This particular bond is scheduled to mature on January 25, 2038, offering a long-term investment horizon. Reflecting the strong creditworthiness of its issuer, the bond holds an impressive rating of AA+ from Standard & Poor's and Aa1 from Moody's, indicative of its high quality and low credit risk profile within the fixed-income market. |
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