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Bond National Agricultural Credit Banks 0% ( US3133EMU832 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 %  ⇌
Country	United States
ISIN code	US3133EMU832 ( in USD )
Interest rate	0%
Maturity	21/02/2023 - 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	550 000 000 USD
Cusip	3133EMU83
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 update confirms the full lifecycle completion of a specific fixed-income instrument, identified by ISIN US3133EMU832 and CUSIP 3133EMU83. This particular bond, denominated in USD, was issued by the Federal Farm Credit Banks, a critical component of the United States' agricultural financial infrastructure. The Federal Farm Credit Banks represent a nationwide system of borrower-owned lending institutions that provide credit and related services to farmers, ranchers, aquatic producers, agricultural cooperatives, and rural utilities. As a government-sponsored enterprise (GSE), their debt instruments are considered highly secure within the U.S. financial market. The bond in question, part of a total issuance size amounting to $550,000,000, had a minimum purchase threshold of $1,000, making it accessible to a range of institutional and individual investors. While specific coupon details prior to maturity are not explicitly provided, the bond featured a semi-annual payment frequency, indicative of regular income distribution throughout its term. Its maturity date was set for February 21, 2023. As of the latest information, this bond has successfully reached its maturity and has been fully repaid, with its current market price standing at 100% of its face value, reflecting its complete redemption. Consequently, its effective interest rate is now zero, given its status as a fully settled and retired obligation in the market.