Bond National Agricultural Credit Banks 2.8% ( US3133EKGG59 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EKGG59 ( in USD )
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| Interest rate | 2.8% per year ( payment 2 times a year) | ||
| Maturity | 09/04/2029 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 35 000 000 USD | ||
| Cusip | 3133EKGG5 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 09/04/2026 ( In 59 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 financial analysis details a specific bond, identified by ISIN US3133EKGG59 and CUSIP 3133EKGG5, which has been issued by the Federal Farm Credit Banks, a prominent United States-based government-sponsored enterprise that serves as a crucial component of the broader Farm Credit System, providing essential credit and related services to the nation's farmers, ranchers, and agricultural businesses, and is currently trading on the market at 95.3134% in USD, offering a fixed interest rate of 2.8% with semi-annual payment frequency and a maturity date of April 9, 2029, representing a total issue size of 35,000,000 units, with a minimum purchasable quantity of 1,000 units, all underscored by robust credit ratings of AA+ from Standard & Poor's and Aa1 from Moody's, indicative of its high-grade investment status. |
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