Français
ItalianoBond National Agricultural Credit Banks 0% ( US3133EMYU08 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US3133EMYU08 ( in USD )
|
| Interest rate | 0% |
| Maturity | 07/11/2022 - 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 | 595 000 000 USD |
| Cusip | 3133EMYU0 |
| 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 instrument, identified by ISIN US3133EMYU08 and CUSIP 3133EMYU0, was a USD-denominated bond issued by the Federal Farm Credit Banks, a nationwide network of borrower-owned lending institutions and a government-sponsored enterprise (GSE) providing credit to agriculture and rural America. With an original issuance size of $595,000,000 and a minimum purchase increment of $1,000, this bond matured on November 7, 2022, and has since been fully repaid. At its maturity, the bond was quoted at 100% of its face value, reflecting its principal repayment. Notably, it carried a 0% interest rate, characteristic of a zero-coupon bond, despite an indicated payment frequency of 2, which typically implies semi-annual distributions for coupon-bearing instruments. |