Bond National Agricultural Credit Banks 2.17% ( US3133EHPU14 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▲ 
Country  United States
ISIN code  US3133EHPU14 ( in USD )
Interest rate 2.17% per year ( payment 2 times a year)
Maturity 26/09/2024 - Bond has expired



Prospectus brochure in PDF format is unavailable at this time
We will provide it as soon as possible

Minimal amount 1 000 USD
Total amount 30 000 000 USD
Cusip 3133EHPU1
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.

A recently matured debt instrument from the Federal Farm Credit Banks, identified by ISIN US3133EHPU14 and CUSIP 3133EHPU1, concluded its lifecycle, having been fully redeemed at its par value of 100%. This bond, issued within the United States and denominated in US Dollars (USD), featured a fixed annual interest rate of 2.17%, with interest payments disbursed semi-annually to investors. The total issuance size for this specific bond was $30,000,000, with a minimum investment threshold set at $1,000. Its maturity date was September 26, 2024. The issuer, Federal Farm Credit Banks, comprises a network of government-sponsored enterprises (GSEs) critical to the United States' agricultural sector, established to provide reliable and consistent credit to farmers, ranchers, agricultural cooperatives, and rural utilities, thereby serving as a foundational pillar of rural finance with strong implicit government support. The bond's exceptional credit quality was consistently affirmed by leading rating agencies, receiving an AA+ rating from Standard & Poor's and an Aaa rating from Moody's, reflecting the issuer's robust financial standing and the stability derived from its government-sponsored status.