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 |
|
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 | 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. |
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