Bond National Agricultural Credit Banks 0.375% ( US3133ELXN90 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country | United States
|
| ISIN code |
US3133ELXN90 ( in USD )
|
| Interest rate | 0.375% per year ( payment 2 times a year) |
| Maturity | 27/04/2023 - Bond has expired |
|
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|
| Minimal amount | 1 000 USD |
| Total amount | 150 000 000 USD |
| Cusip | 3133ELXN9 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| 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. An analysis of the bond identified by ISIN **US3133ELXN90** and CUSIP **3133ELXN9** reveals it was issued in the United States by the **Federal Farm Credit Banks (FFCB)**, a government-sponsored enterprise that serves as a funding mechanism for the Farm Credit System, providing crucial financial services to agricultural and rural communities across the U.S. This fixed-income instrument, denominated in **USD**, featured an annual interest rate of **0.375%**, with interest payments disbursed semi-annually, and was part of a total issuance valued at **$150,000,000**, with a minimum purchase unit of **$1,000**. The bond traded at its par value of **100%** on the market, before reaching its maturity on **April 27, 2023**, at which point it was fully redeemed. |
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