Bond National Agricultural Credit Banks 0% ( US3133ENUT53 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ⇌
Country	United States
ISIN code	US3133ENUT53 ( in USD )
Interest rate	0%
Maturity	19/01/2024 - Bond has expired
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Minimal amount	1 000 USD
Total amount	300 000 000 USD
Cusip	3133ENUT5
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. An obligation issued by the Federal Farm Credit Banks, identified by ISIN US3133ENUT53 and CUSIP 3133ENUT5, represented a significant financial instrument within the fixed-income market. The Federal Farm Credit Banks constitute a system of government-sponsored enterprises (GSEs) in the United States, established to provide reliable and competitive credit and financial services to farmers, ranchers, and agricultural businesses, thereby supporting the nation's rural economy. This particular bond, denominated in USD, featured a 0% interest rate, indicating it was a zero-coupon instrument, and was observed at a current market price of 100%. The total issuance size amounted to $300,000,000, with a minimum purchase size of $1,000. Originally issued from the United States, its maturity date was January 19, 2024, with a reported payment frequency of 2. The bond's strong credit profile was underscored by robust ratings from leading agencies, achieving an AA+ from Standard & Poor's and an Aaa from Moody's. As of its maturity date, this obligation has been fully reimbursed.