Bond National Agricultural Credit Banks 3.49% ( US3133EJ2W88 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EJ2W88 ( in USD )
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| Interest rate | 3.49% per year ( payment 2 times a year) | ||
| Maturity | 14/12/2033 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 15 000 000 USD | ||
| Cusip | 3133EJ2W8 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 14/06/2026 ( In 125 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 detailed analysis focuses on a fixed-income security, identified by ISIN US3133EJ2W88 and CUSIP 3133EJ2W8, issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) that provides a reliable source of credit for agriculture and rural America, which, originating from the United States, currently trades at 99.609% of its par value, denominated in USD, and offers an annual coupon rate of 3.49% with interest payments disbursed semi-annually until its maturity date of December 14, 2033, while the total issuance volume for this security stands at $15,000,000 with a minimum investment threshold of $1,000, and reflecting its strong creditworthiness, the bond holds a rating of AA+ from Standard & Poor's and Aa1 from Moody's. |
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