Bond National Agricultural Credit Banks 0% ( US3133ENQ788 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US3133ENQ788 ( in USD )
|
| Interest rate | 0% |
| Maturity | 03/10/2025 - 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 | 300 000 000 USD |
| Cusip | 3133ENQ78 |
| 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 instrument is a **bond** issued by the **Federal Farm Credit Banks**, a U.S. government-sponsored enterprise (GSE) established to provide a reliable source of credit to farmers, ranchers, and rural homeowners, thereby ensuring the stability of the agricultural sector; identified by ISIN US3133ENQ788 and CUSIP 3133ENQ78, this bond, issued in the United States, is currently trading at 100% of its face value in USD, representing a total issue size of $300,000,000 and available for purchase in minimum increments of $1,000; notably, it is a zero-coupon bond with an interest rate of 0%, meaning investors do not receive periodic interest payments, and given its current market price at par, it offers no yield if held to its maturity on October 3, 2025, with principal repayment being the sole return component; its credit quality is exceptionally high, rated AA+ by Standard & Poor's and Aaa by Moody's, reflecting its robust creditworthiness. |
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