Designated Bonds
Farm Credit Designated Bonds are high credit quality, liquid, non-callable securities. New issues of Designated Bonds are $1 billion or larger and are generally included in the Barclays Aggregate Index. Designated Bonds will be offered periodically. Designated Bonds typically have a two to ten year original maturity and are offered through a syndicate of two to six Bond Dealers. Designated Bonds offer a viable alternative to comparable U.S. Treasuries with the potential for yield enhancement. They also offer portfolio diversification opportunities.
Designated Bonds Details
| Offered | Periodically | Denomination | $1,000 minimum $1,000 increments |
|---|---|---|---|
| Program Rating | F1+ Fitch P-1 Moody's A-1+ S&P |
Settlement | 3-5 business days |
| Risk Weighting | 20% BIS | Typical Index | N/A |
| Program Maturity Range | 1-30 years | Day Count | 30/360 |
| Typical Maturity | 2-10 years | Payment Frequence | Semi-annually |
| Call Feature | N/A | Method of Issuance | Syndicated |