Bond National Agricultural Credit Banks 5.82% ( US31331VP428 ) in USD

Issuer National Agricultural Credit Banks
Market price 101.005 %  ⇌ 
Country  United States
ISIN code  US31331VP428 ( in USD )
Interest rate 5.82% per year ( payment 2 times a year)
Maturity 11/09/2025 - Bond has expired



Prospectus brochure of the bond Federal Farm Credit Banks US31331VP428 in USD 5.82%, expired


Minimal amount 1 000 USD
Total amount 10 000 000 USD
Cusip 31331VP42
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - 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.

A notable bond in the financial markets, identifiable by ISIN US31331VP428 and CUSIP 31331VP42, has been issued by the Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) dedicated to providing a stable source of credit for farmers, ranchers, and rural communities across the United States; this obligation, issued in the United States, is currently quoted at 101.005% of its par value in USD, carries an annual interest rate of 5.82% with payments made semi-annually (frequency 2), and is set to mature on September 11, 2025, forming part of a total issue size of $10,000,000 with a minimum purchase size of $1,000, all while maintaining strong creditworthiness as evidenced by its AA+ rating from Standard & Poor's and Aa1 rating from Moody's.







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 McDonald Investments 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: July 11, 2006
Maturity Date: September 11, 2025
Interest Rate: 5.820%
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 11 and September 11, beginning on September 11, 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: 0.253902%
Selling Concession: 0.000%
CUSIP Number: 31331V P42

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.

McDonald Investments Inc.

The date of the Term Sheet is June 30, 2006.