Bond National Agricultural Credit Banks 2.875% ( US3133EKFA98 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EKFA98 ( in USD )
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| Interest rate | 2.875% per year ( payment 2 times a year) | ||
| Maturity | 28/03/2031 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 5 000 000 USD | ||
| Cusip | 3133EKFA9 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aaa ( Prime - Investment-grade ) | ||
| Next Coupon | 28/03/2026 ( In 47 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. A detailed analysis reveals that the Federal Farm Credit Banks, a government-sponsored enterprise vital to the U.S. agricultural and rural economy, have issued a bond, identified by ISIN US3133EKFA98 and CUSIP 3133EKFA9, which is currently trading at 100% of its par value in USD, featuring an annual coupon rate of 2.875% with semi-annual payments, and set to mature on March 28, 2031, as part of a total issuance size of USD 5,000,000, with a minimum purchase amount of USD 1,000, and boasting robust credit ratings of AA+ from Standard & Poor's and Aaa from Moody's, reflecting its high credit quality within the United States market. |
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