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ItalianoBond National Agricultural Credit Banks 0.58% ( US3133ELZ809 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 99.801 % ▲ |
| Country |  United States
|
| ISIN code |
 US3133ELZ809 ( in USD )
|
| Interest rate | 0.58% per year ( payment 2 times a year) |
| Maturity | 29/07/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 195 000 000 USD |
| Cusip | 3133ELZ80 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aa1 ( High grade - Investment-grade ) |
| 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 fixed-income security, identified by ISIN US3133ELZ809 and CUSIP 3133ELZ80, is issued by the Federal Farm Credit Banks, a U.S.-based government-sponsored enterprise (GSE) forming a cornerstone of the nation's agricultural finance system by providing critical credit and financial services to farmers, ranchers, and agricultural cooperatives across the United States, with this specific bond currently trading on the market at 98.963% of its face value in USD, offering a fixed annual interest rate of 0.58% through semi-annual payments until its July 29, 2025 maturity, and representing a total issuance size of $195,000,000 with a minimum purchase increment of $1,000, all while boasting exceptional credit ratings of AA+ from Standard & Poor's (S&P) and Aaa from Moody's, which are indicative of its high credit quality and the robust financial standing of its issuer. |