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ItalianoBond National Agricultural Credit Banks 0.31% ( US3133EMHL91 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US3133EMHL91 ( in USD )
|
| Interest rate | 0.31% per year ( payment 2 times a year) |
| Maturity | 30/11/2023 - 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 | 580 000 000 USD |
| Cusip | 3133EMHL9 |
| 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. Examining the bond market, the USD-denominated obligation identified by ISIN US3133EMHL91 and CUSIP 3133EMHL9, an issuance from the Federal Farm Credit Banks?a U.S. government-sponsored enterprise critical for providing credit to the agricultural and rural sectors?featured an interest rate of 0.31%, a total issue size of $580,000,000, and a minimum purchase increment of $1,000, having matured on November 30, 2023, and subsequently been repaid at its 100% market price, while also boasting strong creditworthiness through its AA+ rating from Standard & Poor's and Aaa rating from Moody's, with interest payments distributed semi-annually. |