Bond National Agricultural Credit Banks 3% ( US3133ENA832 ) in USD

Issuer National Agricultural Credit Banks
Market price 99.831 %  ▼ 
Country  United States
ISIN code  US3133ENA832 ( in USD )
Interest rate 3% per year ( payment 2 times a year)
Maturity 11/07/2023 - Bond has expired



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Minimal amount 1 000 USD
Total amount 550 000 000 USD
Cusip 3133ENA83
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 fixed-income instrument identified by ISIN US3133ENA832 and CUSIP 3133ENA83, this bond was issued in USD from the United States by the Federal Farm Credit Banks, a government-sponsored enterprise (GSE) critical to supporting agricultural and rural infrastructure through a nationwide network of lending institutions, offering a 3% coupon rate with payments scheduled twice annually on a total issue size of $550,000,000 and a minimum purchase increment of $1,000; while its market price was historically noted at 99.831%, it is important to note that this specific obligation reached its maturity date on July 11, 2023, and has subsequently been fully redeemed.