Bond National Agricultural Credit Banks 0% ( US3133EMZ542 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US3133EMZ542 ( in USD )
|
| Interest rate | 0% |
| Maturity | 10/08/2023 - 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 | 200 000 000 USD |
| Cusip | 3133EMZ54 |
| 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. The US3133EMZ542 bond (CUSIP: 3133EMZ54), a United States-issued, USD-denominated obligation from the highly-rated Federal Farm Credit Banks?a government-sponsored enterprise crucial for providing credit to the U.S. agricultural sector?which maintained robust credit ratings of AA+ from Standard & Poor's and Aaa from Moody's, has reached its maturity on August 10, 2023, and was successfully repaid at its 100% market price, concluding its life as part of a $200,000,000 total issue size with a minimum purchase increment of $1,000 and an initial interest rate of 0%. |
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