Bond National Agricultural Credit Banks 0.48% ( US3133EMSC73 ) in USD

Issuer National Agricultural Credit Banks
Market price 99.483 %  ▲ 
Country  United States
ISIN code  US3133EMSC73 ( in USD )
Interest rate 0.48% per year ( payment 2 times a year)
Maturity 03/03/2025 - Bond has expired



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Minimal amount 1 000 USD
Total amount 265 000 000 USD
Cusip 3133EMSC7
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.

This financial article examines a specific bond, ISIN US3133EMSC73 (CUSIP: 3133EMSC7), issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) and part of the Farm Credit System, which serves as a crucial source of credit and financial services for agricultural producers, rural homeowners, and utilities across the United States. Denominated in USD, this particular obligation, with an original total issuance size of $265,000,000 and a minimum purchase increment of $1,000, carried an interest rate of 0.48% with payments made semi-annually, maturing on March 3, 2025; prior to its recent redemption, it was observed trading at 99.483% of its face value and consistently benefited from exceptional credit ratings, achieving AA+ from Standard & Poor's and Aaa from Moody's.