Log In
Log In

Log In

Forgot Your Username or Password?
Main Menu
Find by CUSIP
Browse Securities >
Find by CUSIP >
(Separate CUSIPs with commas)

Discount Notes

Farm Credit Discount Notes are high-credit quality, short-term debt instruments. They are issued at a discount to their par value, similar to U.S. Treasury bills.

Discount Notes are issued daily to meet the needs of the Farm Credit Banks, with consideration for investor interests and market conditions. They are available in a wide range of maturity dates and provide diversified investments while matching anticipated cash flow needs.

Discount Notes Details

Offered Daily Denomination $1,000 minimum
$1,000 increments
Program Rating F1+ Fitch
P-1 Moody's
A-1+ S&P
Settlement Cash/Regular
Risk Weighting 20% BIS Typical Index N/A
Program Maturity Range 1-365 days Day Count Actual/360
Typical Maturity Overnight-30 days Payment Frequence At maturity
Call Feature N/A Method of Issuance Window / Posted
Debt Securities