Federal Agricultural Mortgage Corporation FRN 22-MAY-2030Federal Agricultural Mortgage Corporation FRN 22-MAY-2030Federal Agricultural Mortgage Corporation FRN 22-MAY-2030

Federal Agricultural Mortgage Corporation FRN 22-MAY-2030

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Key terms


Outstanding amount
‪10.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.53% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.92%
Maturity date
May 22, 2030
Term to maturity
5 years

About Federal Agricultural Mortgage Corporation FRN 22-MAY-2030


Sector
Finance
Industry
Finance/Rental/Leasing
Home page
Issue date
May 22, 2020
FIGI
BBG00TX31ZB2
Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation, which engages in the provision of a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The firm operates through the following segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company was founded in 1987 and is headquartered in Washington, DC.
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