Bond National Agricultural Credit Banks 1.7% ( US3133ELEW01 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | 100 % ⇌ | ||
| Country | United States
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| ISIN code |
US3133ELEW01 ( in USD )
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| Interest rate | 1.7% per year ( payment 2 times a year) | ||
| Maturity | 19/09/2022 - Bond has expired | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 65 000 000 USD | ||
| Cusip | 3133ELEW0 | ||
| 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. This financial article pertains to a bond, identified by ISIN US3133ELEW01 and CUSIP 3133ELEW0, issued by the Federal Farm Credit Banks. The Federal Farm Credit Banks represent a government-sponsored enterprise (GSE) in the United States, comprising a nationwide network of borrower-owned lending institutions dedicated to providing credit to farmers, ranchers, agricultural cooperatives, and rural utilities, serving as a vital financing source for the U.S. agricultural sector. This particular obligation, denominated in USD and issued from the United States, carried an interest rate of 1.7% and had an original total issue size of $65,000,000, with a minimum purchase increment of $1,000. At the time of its maturity, the bond's market price was noted at 100% of par. It featured a payment frequency of two times per year. The bond matured on September 19, 2022, and has since been fully redeemed, indicating the principal and final interest payments have been made to bondholders. Neither Standard & Poor's (S&P) nor Moody's provided a rating (NR) for this specific issue. |
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