Bond National Agricultural Credit Banks 4.92% ( US31331GBZ19 ) in USD

Issuer	National Agricultural Credit Banks
Market price	103.043 % ▼
Country	United States
ISIN code	US31331GBZ19 ( in USD )
Interest rate	4.92% per year ( payment 2 times a year)
Maturity	18/09/2028
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Minimal amount	1 000 USD
Total amount	16 000 000 USD
Cusip	31331GBZ1
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	18/03/2026 ( In 37 days )
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. An insightful look into the fixed-income market reveals a notable bond offering from the Federal Farm Credit Banks (FFCB), a prominent U.S. government-sponsored enterprise (GSE) dedicated to providing credit and related services to farmers, ranchers, and agricultural cooperatives across the United States. This specific bond, identified by ISIN US31331GBZ19 and CUSIP US31331GBZ1, is a USD-denominated instrument originating from the United States with a maturity date of September 18, 2028. It carries a fixed coupon rate of 4.92%, with interest payments disbursed semi-annually, twice per year. The total initial offering size for this issuance was $16,000,000, and it is accessible to investors with a minimum purchase requirement of $1,000. Currently, the bond is trading on the secondary market at 102.781% of its par value, reflecting market demand and prevailing interest rate conditions. Its high credit quality is affirmed by leading rating agencies: Standard & Poor's has assigned a robust AA+ rating, while Moody's has rated it Aa1, both indicating a very strong capacity to meet financial commitments and low credit risk, which is characteristic of the implicit government support for FFCB's operations.