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 BarclaysÂ 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
|Program Rating||F1+ Fitch
|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|