Federal Agricultural Mortgage Corporation FRN 22-DEC-2031Federal Agricultural Mortgage Corporation FRN 22-DEC-2031Federal Agricultural Mortgage Corporation FRN 22-DEC-2031

Federal Agricultural Mortgage Corporation FRN 22-DEC-2031

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AGM5325246 analysis



Key facts


Issue date
Dec 22, 2021
Maturity date
Dec 22, 2031
Outstanding amount
‪15.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.10% (Variable)
Yield to maturity
5.10%
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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