Bond National Agricultural Credit Banks 5.24% ( US31331GAU31 ) in USD

Issuer National Agricultural Credit Banks
Market price 100 %  ▼ 
Country  United States
ISIN code  US31331GAU31 ( in USD )
Interest rate 5.24% per year ( payment 2 times a year)
Maturity 05/09/2023 - Bond has expired



Prospectus brochure of the bond Federal Farm Credit Banks US31331GAU31 in USD 5.24%, expired


Minimal amount 1 000 USD
Total amount 55 000 000 USD
Cusip 31331GAU3
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Detailed description The Federal Farm Credit Banks are a government-sponsored enterprise system providing credit and other financial services to farmers, ranchers, and agricultural cooperatives.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331GAU31, pays a coupon of 5.24% per year.
The coupons are paid 2 times per year and the Bond maturity is 05/09/2023

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331GAU31, was rated Aaa ( Prime - Investment-grade ) by Moody's credit rating agency.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331GAU31, was rated AA+ ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







REOPENING TERM SHEET
Federal Farm Credit Banks
Consolidated Systemwide
Bonds
This Reopening Term Sheet relates to the Bonds described below and should be read in conjunction with
the Federal Farm Credit Banks Consolidated Systemwide Bonds and Discount Notes Offering Circular,
dated June 18, 1999, as amended and supplemented by the Offering Circular Supplements dated August 20,
2001, November 26, 2003 and March 8, 2007 (the "Offering Circular"). The Fixed Rate Bonds described
herein (the "Bonds") were sold to KeyBanc Capital Markets Inc. (the "Dealer"), as principal, for resale to
investors at varying prices according to prevailing market prices at the time of resale as determined by the
Dealer. Terms set forth below unless otherwise defined have the meaning ascribed to them in the Offering
Circular.
The Bonds have the same terms (other than the Issue Date, Settlement Date and the Issue Price) as, and
form a single issue with, the 5.240% Bonds Due September 5, 2023 issued in the original principal amount
of $5,000,000 on September 5, 2008 at an Issue Price of 100.000%, and pursuant to the Term Sheet dated
August 26, 2008 (the "Original Bonds"). The total principal amount of the Original Bonds and the Bonds is
$15,000,000.
Principal Amount: $10,000,000
Total Principal Amount: $15,000,000
Denomination: $5,000 and integral multiples of $1,000 in excess thereof
Issue Price: 98.875%, plus accrued interest from and including September 5, 2008 to but excluding
September 29, 2008
Issue Date & Settlement Date: September 29, 2008, except for purposes of calculating interest payable on
the first Interest Payment Date, Issue Date shall mean September 5, 2008
Maturity Date: September 5, 2023
Interest Rate: 5.240%
Day Count Basis: Interest shall be computed on the basis of a 360-day year consisting of twelve 30-day
months.
Interest Payment Dates: Each March 5 and September 5, beginning on March 5, 2009, and the Maturity
Date
Redemption: The Bonds are not subject to redemption prior to the Maturity Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.000%
Selling Concession: 0.000%
CUSIP Number: 31331G AU3
KeyBanc Capital Markets Inc.
The date of the Reopening Term Sheet is September 23, 2008.


CERTAIN ADDITIONAL TAX CONSIDERATIONS
The following discussion should read in conjunction with the discussion contained under "Certain Tax
Considerations" in the Offering Circular.
The Bonds offered pursuant to this Reopening Term Sheet should be considered part of the same issue of
Original Bonds and the issue price of the Bonds for Federal income tax purposes therefore should be the
initial price at which a substantial portion of the issue of Original Bonds was sold on September 5, 2008.
See "Certain Tax Considerations-United States Owners-Market Discount and Premium" and "Certain Tax
Considerations-United States Owners-Reopenings" in the Offering Circular. Each beneficial owner of a
Bond should consult its tax advisor.
Backup Withholding and Information Reporting
The Jobs and Growth Tax Relief Reconciliation Act of 2003 lowered the backup withholding tax rate to
28%, effective January 1, 2003.
-2-


TERM SHEET
Federal Farm Credit Banks
Consolidated Systemwide
Bonds
This Term Sheet relates to the Bonds described below and should be read in conjunction with the Federal
Farm Credit Banks Consolidated Systemwide Bonds and Discount Notes Offering Circular, dated June 18,
1999, as amended and supplemented by the Offering Circular Supplements dated August 20, 2001,
November 26, 2003 and March 8, 2007 (the "Offering Circular"). The Fixed Rate Bonds described herein
(the "Bonds") were sold to KeyBanc Capital Markets Inc. (the "Dealer"), as principal, for resale to
investors at varying prices according to prevailing market prices at the time of resale as determined by the
Dealer. Terms set forth below unless otherwise defined have the meaning ascribed to them in the Offering
Circular.
Principal Amount: $5,000,000
Denomination: $5,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: September 5, 2008
Maturity Date: September 5, 2023
Interest Rate: 5.240%
Day Count Basis: Interest shall be computed on the basis of a 360-day year consisting of twelve 30-day
months.
Interest Payment Dates: Each March 5 and September 5, beginning on March 5, 2009, and the Maturity
Date
Redemption: The Bonds are not subject to redemption prior to the Maturity Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.267331%
Selling Concession: 0.000%
CUSIP Number: 31331G AU3
Backup Withholding and Information Reporting
The Jobs and Growth Tax Relief Reconciliation Act of 2003 lowered the backup withholding tax rate to
28%, effective January 1, 2003.
KeyBanc Capital Markets Inc.
The date of the Term Sheet is August 26, 2008.