Bond National Agricultural Credit Banks 5.22% ( US31331VHM19 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   106.305 %  ⇌ 
Country  United States
ISIN code  US31331VHM19 ( in USD )
Interest rate 5.22% per year ( payment 2 times a year)
Maturity 25/11/2031



Prospectus brochure of the bond Federal Farm Credit Banks US31331VHM19 en USD 5.22%, maturity 25/11/2031


Minimal amount 1 000 USD
Total amount 10 000 000 USD
Cusip 31331VHM1
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 25/05/2026 ( In 105 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.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331VHM19, pays a coupon of 5.22% per year.
The coupons are paid 2 times per year and the Bond maturity is 25/11/2031

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331VHM19, was rated Aa1 ( High grade - Investment-grade ) by Moody's credit rating agency.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331VHM19, was rated AA+ ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







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 and
November 26, 2003 (the "Offering Circular"). The Fixed Rate Bonds described herein (the "Bonds") were
sold to HSBC Securities (USA) 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: $10,000,000
Denomination: $5,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: November 25, 2005
Maturity Date: November 25, 2031
Interest Rate: 5.220%
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 May 25 and November 25, beginning on May 25, 2006, 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: 0.352599%
Selling Concession: 0.000%
CUSIP Number: 31331V HM1

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.

HSBC Securities (USA) Inc.

The date of the Term Sheet is November 16, 2005.