Bond National Agricultural Credit Banks 2.08% ( US3133ELJV72 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133ELJV72 ( in USD )
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| Interest rate | 2.08% per year ( payment 2 times a year) | ||
| Maturity | 23/01/2030 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 85 000 000 USD | ||
| Cusip | 3133ELJV7 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
| Next Coupon | 23/07/2026 ( In 164 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 article details a USD-denominated obligation, identified by ISIN US3133ELJV72 and CUSIP 3133ELJV7, issued by the Federal Farm Credit Banks (FFCB), a U.S.-based government-sponsored enterprise that plays a vital role in providing credit and related services to farmers, ranchers, and rural communities through the cooperative Farm Credit System. This specific bond, originating from the United States, carries an annual coupon rate of 2.08%, paid semi-annually, and is scheduled to mature on January 23, 2030. The total issue size for this security is $85,000,000, with a minimum purchase amount set at $1,000, and it is currently trading on the market at 91.878% of its par value. Its robust credit quality is underscored by its impressive ratings of AA+ from Standard & Poor's and Aa1 from Moody's. |
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