Designated Bonds
Farm Credit Designated Bonds are high-credit quality, liquid, non-callable securities. New issues of Designated Bonds are generally $1 billion or larger and are included in the Bloomberg Barclays Aggregate Index.
We issue Designated Bonds to meet the needs of the Farm Credit Banks, with consideration for investor interests and market conditions. Designated Bonds are a viable alternative to comparable U.S. Treasury bonds with the potential for yield enhancement.
Designated Bonds Details
| Offered | Periodically | Denomination | $1,000 minimum $1,000 increments |
|---|---|---|---|
| Program Rating | Fitch: AA+/F1+ Moody's: Aa1/P-1 Standard & Poor's: AA+/A-1+ |
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 |