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ItalianoBond National Agricultural Credit Banks 0% ( US3133ENMD93 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 US3133ENMD93 ( in USD )
|
| Interest rate | 0% |
| Maturity | 26/01/2024 - 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 | 3133ENMD9 |
| 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. A bond, identified by ISIN US3133ENMD93 and CUSIP 3133ENMD9, was issued in the United States by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise providing credit to the agricultural sector and rural communities, as part of a $100,000,000 total issuance with a minimum purchase size of $1,000; this USD-denominated obligation, which carried a 0% interest rate despite a stated semi-annual payment frequency, matured and was fully redeemed on January 26, 2024, consistently trading at its 100% par market price prior to and at redemption, a reflection of its high credit quality, underscored by ratings of AA+ from Standard & Poor's and Aaa from Moody's. |