Bond National Agricultural Credit Banks 1.85% ( US3133EKYJ96 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | 100 % ▼ | ||
| Country | United States
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| ISIN code |
US3133EKYJ96 ( in USD )
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| Interest rate | 1.85% per year ( payment 2 times a year) | ||
| Maturity | 05/08/2022 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 300 000 000 USD | ||
| Cusip | 3133EKYJ9 | ||
| Standard & Poor's ( S&P ) rating | NR | ||
| Moody's rating | NR | ||
| 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. The bond identified by ISIN US3133EKYJ96 and CUSIP 3133EKYJ9, issued by the Federal Farm Credit Banks, a U.S.-based government-sponsored enterprise providing credit and financial services to farmers, ranchers, and agricultural cooperatives, has reached its maturity date of August 5, 2022, and has been successfully redeemed at its par value of 100%. This USD-denominated obligation carried an annual interest rate of 1.85%, with payments occurring semi-annually, and represented a total issuance size of $300,000,000 with a minimum purchase increment of $1,000. Despite its significant issuance volume, the bond was designated as "NR" (Not Rated) by both Standard & Poor's and Moody's rating agencies throughout its lifecycle. |
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