Federal Agricultural Mortgage Corporation FRN 01-APR-2032Federal Agricultural Mortgage Corporation FRN 01-APR-2032Federal Agricultural Mortgage Corporation FRN 01-APR-2032

Federal Agricultural Mortgage Corporation FRN 01-APR-2032

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AGM5385349 analysis



Key facts


Issue date
Apr 1, 2022
Maturity date
Apr 1, 2032
Outstanding amount
‪5.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.21% (Variable)
Yield to maturity
5.54%
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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