Bond National Agricultural Credit Banks 3.81% ( US31331K4L11 ) in USD

Issuer	National Agricultural Credit Banks
Market price	90.0978 % ⇌
Country	United States
ISIN code	US31331K4L11 ( in USD )
Interest rate	3.81% per year ( payment 2 times a year)
Maturity	23/12/2041
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Minimal amount	1 000 USD
Total amount	25 000 000 USD
Cusip	31331K4L1
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	23/06/2026 ( In 134 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. This financial article provides a detailed overview of a specific fixed-income instrument, identifiable by ISIN US31331K4L11 and CUSIP 31331K4L1, which was issued by the Federal Farm Credit Banks. The Federal Farm Credit Banks represent a critical component of the United States' financial infrastructure, operating as a government-sponsored enterprise (GSE) with a core mission to provide credit and related services to farmers, ranchers, and rural communities across the nation, thereby contributing to the stability of the agricultural sector and underpinning the strong creditworthiness of their debt issuances. This particular bond, denominated in US Dollars, features an annual coupon interest rate of 3.81%, with interest payments distributed to bondholders semi-annually, providing a regular income stream. The bond carries a long-term maturity date of December 23, 2041, making it an attractive option for investors seeking duration. The total size of this issuance was $25,000,000, structured with a minimum purchase amount of $1,000, which broadens its accessibility to various investor profiles. On the secondary market, this bond is currently trading at 83.565% of its par value. Further underscoring its investment-grade quality, the bond has been assigned a robust credit rating of AA+ by Standard & Poor's and Aa1 by Moody's, both signifying a very strong capacity to meet its financial obligations and minimal credit risk.