Bond National Agricultural Credit Banks 2.85% ( US3133EJTV17 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▼ 
Country  United States
ISIN code  US3133EJTV17 ( in USD )
Interest rate 2.85% per year ( payment 2 times a year)
Maturity 06/11/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 40 000 000 USD
Cusip 3133EJTV1
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 financial instrument, categorized as a bond and identified by ISIN US3133EJTV17 (CUSIP 3133EJTV1), was issued by the Federal Farm Credit Banks, a crucial government-sponsored enterprise within the United States' financial architecture dedicated to providing credit and related services to farmers, ranchers, and rural utility systems across the United States, from which country it was issued, with its value denominated in US Dollars (USD) and carrying an annual interest rate of 2.85% disbursed through semi-annual payments; the total size of this specific issuance was $40,000,000, with a minimum purchase size of $1,000, and having matured on November 6, 2023, it was fully redeemed at its current market price of 100%, reflecting its high credit quality as evidenced by a AA+ rating from Standard & Poor's (S&P) and a Aaa rating from Moody's.