Bond National Agricultural Credit Banks 0.15% ( US3133EM2W17 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▲ 
Country  United States
ISIN code  US3133EM2W17 ( in USD )
Interest rate 0.15% per year ( payment 2 times a year)
Maturity 17/05/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 200 000 000 USD
Cusip 3133EM2W1
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.

A recent financial market event involved the full redemption of a bond issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) dedicated to providing credit and related services to farmers, ranchers, and rural utility providers across the United States. Identified by ISIN US3133EM2W17 and CUSIP 3133EM2W1, this United States-issued obligation featured a coupon rate of 0.15% and a total issuance size of $200,000,000. With a minimum purchase size of $1,000 and denominated in USD, the bond paid interest semi-annually, having reached its maturity date on May 17, 2023, and was subsequently redeemed at its par value, reflecting the 100% market price at the time of repayment.