Bond National Agricultural Credit Banks 0.27% ( US3133EMLV28 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 99.972 % ▼ |
| Country | United States
|
| ISIN code |
US3133EMLV28 ( in USD )
|
| Interest rate | 0.27% per year ( payment 2 times a year) |
| Maturity | 05/04/2024 - 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 | 405 000 000 USD |
| Cusip | 3133EMLV2 |
| 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 financial instrument under review, identified by ISIN US3133EMLV28 and CUSIP 3133EMLV2, was an obligation issued by the Federal Farm Credit Banks, a crucial government-sponsored enterprise based in the United States that serves as a nationwide network of borrower-owned lending institutions providing credit to farmers, ranchers, and rural communities. This particular bond, denominated in USD, originally featured an annual interest rate of 0.27% with semi-annual payment frequency, constituting part of a total issue size of $405,000,000, and had a minimum purchase size of $1,000. While its last reported market price was 99.972% of par, it is pertinent to note that this bond reached its scheduled maturity on April 5, 2024, and has subsequently been fully redeemed by the issuer. |
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