Fixed Income
Farm Credit Corporation Medium Term Notes
Farm Credit Corporation (FCC) is a Federal Crown Corporation which reports to Parliament through the Minister of Agriculture and Agri-Food. Established in 1959, FCC is Canada's largest agricultural term lender. FCC established its Domestic Medium Term Note program in 1996 and has over 3 billion dollars in Notes outstanding.
Secure
FCC Medium Term Notes are bonds that are backed by the Government of Canada.
FCC is a self-supporting, federal Crown corporation reporting through the Minister of Agriculture and Agri-Food. As an agent of Her Majesty in right of Canada, FCC's debt obligations carry the full faith and credit of the Government of Canada.
Currently FCC Canadian dollar liabilities are rated AAA by Standard & Poor's and Aa1 by Moody's, the world's leading credit rating agencies.
Competitive
FCC Medium Term Notes are available in multiples of $1,000 with a minimum size purchase of $5,000. Notes are issued daily at competitive market rates.
They typically range in term from 2 through 7 years to maturity. They are eligible for your RSP, RIF, or RESP.
A variety of bonds are available with monthly or semi-annual interest payments. Zero-coupon bonds are also available at a discount with interest paid at maturity.
After purchase FCC Notes may be bought or sold through investment dealers at prevailing market prices. TD Bank Financial Group is a primary agent for this program. We offer FCC Notes through TD Canada Trust branches and TD Waterhouse.
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