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ItalianoBond National Agricultural Credit Banks 0% ( US3133ENE305 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US3133ENE305 ( in USD )
|
| Interest rate | 0% |
| Maturity | 03/11/2023 - 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 | 100 000 000 USD |
| Cusip | 3133ENE30 |
| 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 Federal Farm Credit Banks, a nationwide network of borrower-owned lending institutions and service organizations integral to the U.S. agricultural and rural economy, successfully redeemed a specific zero-coupon bond (ISIN: US3133ENE305, CUSIP: 3133ENE30) upon its maturity on November 3, 2023. This bond, denominated in USD, represented a total issue size of $100,000,000, with a minimum purchase size of $1,000, and was repaid at its 100% par value as scheduled. Its issuance reflected the stability and high credit quality associated with the Federal Farm Credit Banks, evidenced by a robust AA+ rating from Standard & Poor's and a top-tier Aaa rating from Moody's, both indicative of very low credit risk for this U.S. government-sponsored enterprise. |