Bond National Agricultural Credit Banks 0.14% ( US3133EMST09 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▲ 
Country  United States
ISIN code  US3133EMST09 ( in USD )
Interest rate 0.14% per year ( payment 2 times a year)
Maturity 10/03/2023 - 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 135 000 000 USD
Cusip 3133EMST0
Standard & Poor's ( S&P ) rating N/A
Moody's rating N/A
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.

An assessment of the recently matured fixed-income instrument issued by the Federal Farm Credit Banks reveals its successful redemption, contributing to the stability of the U.S. debt market. The Federal Farm Credit Banks, an integral part of the government-sponsored enterprise (GSE) sector within the United States' broader Farm Credit System, serve as a nationwide network of borrower-owned lending institutions dedicated to providing crucial credit and financial services to farmers, ranchers, aquatic producers, agricultural cooperatives, and rural utilities. Their debt issuances, such as this particular bond, play a vital role in funding these essential agricultural and rural development initiatives and are widely regarded for their high credit quality. Specifically, this obligation, identified by ISIN US3133EMST09 and CUSIP 3133EMST0, was a USD-denominated instrument issued from the United States with a total issuance size of $135,000,000. It carried an interest rate of 0.14% and featured a payment frequency of two times per year, consistent with standard semi-annual distributions. The minimum acquisition size for this instrument was set at $1,000. With a definitive maturity date of March 10, 2023, this bond has officially matured and been fully reimbursed, effectively trading at 100% of its face value upon redemption, completing its lifecycle as a stable investment within its asset class.