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ItalianoBond National Agricultural Credit Banks 0% ( US3133EMQN56 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US3133EMQN56 ( in USD )
|
| Interest rate | 0% |
| Maturity | 12/10/2022 - 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 | 575 000 000 USD |
| Cusip | 3133EMQN5 |
| 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 instrument that has completed its lifecycle is the bond identified by ISIN US3133EMQN56 and CUSIP 3133EMQN5, issued by the Federal Farm Credit Banks. As a U.S. government-sponsored enterprise (GSE) dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities across the United States, the Federal Farm Credit Banks play a critical role in the nation's agricultural economy. This particular bond, denominated in USD and issued from the United States, was a zero-coupon instrument, characterized by a 0% interest rate, meaning it did not pay periodic coupons but was intended to be purchased at a discount and redeemed at par. The total issuance size for this security was $575,000,000, with a minimum investment threshold set at $1,000. It reached its scheduled maturity on October 12, 2022, at which point it was redeemed at 100% of its face value, successfully concluding its term for investors. |