Bond National Agricultural Credit Banks 2.43% ( US3133EHYG29 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EHYG29 ( in USD )
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| Interest rate | 2.43% per year ( payment 2 times a year) | ||
| Maturity | 13/09/2027 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 50 000 000 USD | ||
| Cusip | 3133EHYG2 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 13/03/2026 ( In 32 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. Investors are currently evaluating a bond (ISIN: US3133EHYG29, CUSIP: 3133EHYG2) issued by the Federal Farm Credit Banks, a prominent government-sponsored enterprise (GSE) based in the United States, which plays a crucial role in providing credit and financial services to the nation's agricultural sector. This USD-denominated fixed-income instrument, part of a total issuance valued at $50,000,000 with a minimum purchase increment of $1,000, offers a fixed coupon rate of 2.43% and is scheduled to mature on September 13, 2027, with interest payments distributed semi-annually. The bond is currently trading on the secondary market at 96.852% of its par value, reflecting current market conditions, and boasts strong credit ratings of AA+ from Standard & Poor's and Aa1 from Moody's, underpinning its standing within the fixed-income landscape. |
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