Bond National Agricultural Credit Banks 5.3% ( US31331VKR68 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ⇌
Country	United States
ISIN code	US31331VKR68 ( in USD )
Interest rate	5.3% per year ( payment 2 times a year)
Maturity	16/04/2027
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Minimal amount	1 000 USD
Total amount	15 000 000 USD
Cusip	31331VKR6
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	16/04/2026 ( In 66 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. Investment Spotlight: Federal Farm Credit Banks Bond Offering (ISIN: US31331VKR68) This report provides an in-depth analysis of a specific bond issuance, identified by its International Securities Identification Number (ISIN) US31331VKR68 and CUSIP code 31331VKR6, originating from the United States. This fixed-income security, currently trading at par (100% of its face value) in United States Dollars (USD), presents a noteworthy opportunity for investors seeking exposure to high-quality debt. The issuer of this bond is the Federal Farm Credit Banks (FFCBs), a vital component of the U.S. financial landscape. The FFCBs represent a nationwide system of cooperatively owned banks and associations established to provide a reliable source of credit for farmers, ranchers, agricultural cooperatives, and rural utility providers. As a government-sponsored enterprise (GSE), the FFCBs play a critical role in supporting the agricultural and rural economies of the United States. While not explicitly guaranteed by the U.S. government, their status as a GSE and their public mission often result in their debt instruments being perceived as carrying very low credit risk, reflected in their exceptional credit ratings. Their operations are overseen by the Farm Credit Administration (FCA), an independent federal agency. Detailed specifications for this particular bond are as follows: It carries a fixed interest rate (coupon) of 5.3%, offering investors a steady stream of income. The total size of this specific issuance is $15,000,000, with a minimum purchase amount set at $1,000, making it accessible to a range of investors. The bond features a maturity date of April 16, 2027, providing a defined horizon for capital return. Interest payments are scheduled with a frequency of two times per year, ensuring semi-annual income distribution to bondholders. The credit quality of this bond is underscored by its robust ratings from leading independent agencies. Standard & Poor's (S&P) has assigned a rating of AA+, while Moody's has provided its highest possible rating of Aaa. These top-tier ratings signify an exceptionally strong capacity to meet financial commitments, reflecting the issuer's stability and the perceived low default risk associated with its operations within the U.S. financial system.