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ItalianoBond National Agricultural Credit Banks 0.33% ( US3133EME406 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US3133EME406 ( in USD )
|
| Interest rate | 0.33% per year ( payment 2 times a year) |
| Maturity | 03/06/2024 - 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 | 345 000 000 USD |
| Cusip | 3133EME40 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aaa ( Prime - 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. The United States Dollar-denominated bond, identified by ISIN US3133EME406 and CUSIP 3133EME40, was issued by the Federal Farm Credit Banks, a robust nationwide system of government-sponsored enterprises (GSEs) established to provide a reliable source of credit for agriculture and rural America, with this specific issuance carrying a 0.33% interest rate, a total size of $345,000,000, a minimum purchase requirement of $1,000, and a semi-annual payment frequency, which matured and was redeemed at its 100% par value on June 3, 2024, reflecting its exceptional credit quality as evidenced by its AA+ rating from Standard & Poor's and Aaa rating from Moody's. |