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ItalianoBond National Agricultural Credit Banks 4.125% ( US3133ENN637 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US3133ENN637 ( in USD )
|
| Interest rate | 4.125% per year ( payment 2 times a year) |
| Maturity | 17/10/2023 - 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 | 625 000 000 USD |
| Cusip | 3133ENN63 |
| 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. This financial overview pertains to a specific bond issuance, identified by ISIN US3133ENN637 and CUSIP 3133ENN63, originating from the Federal Farm Credit Banks (FFCB), a prominent United States government-sponsored enterprise (GSE) that plays a critical role in agricultural and rural financing by providing credit and related services through the nationwide Farm Credit System. This particular USD-denominated obligation, issued in the United States with a substantial total size of $625,000,000 and a minimum purchase increment of $1,000, carried a fixed annual interest rate of 4.125%, disbursed semi-annually, and notably reached its maturity on October 17, 2023, subsequently being fully repaid at its 100% market price. The bond's exceptional credit quality was underscored by its high ratings, achieving an AA+ from Standard & Poor's and a top-tier Aaa from Moody's, reflecting the issuer's robust financial health and the inherent stability derived from its public mission. |