Bond National Agricultural Credit Banks 5.5% ( US31331VWK87 ) in USD

Issuer	National Agricultural Credit Banks
Market price	108.242 % ▲
Country	United States
ISIN code	US31331VWK87 ( in USD )
Interest rate	5.5% per year ( payment 2 times a year)
Maturity	12/04/2032
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	1 000 USD
Total amount	15 000 000 USD
Cusip	31331VWK8
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	12/04/2026 ( In 62 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 analysis details a specific bond issuance, identified by ISIN US31331VWK87 and CUSIP 31331VWK8, originating from the Federal Farm Credit Banks. The Federal Farm Credit Banks, an entity of the U.S. Farm Credit System, operate as a Government-Sponsored Enterprise (GSE) with a fundamental mission to provide credit and related services to farmers, ranchers, aquatic producers, agricultural cooperatives, and rural utilities throughout the United States. This critical role within the agricultural sector and their status as a GSE imbues their debt instruments with a high degree of perceived credit quality, often considered implicitly backed due to their systemic importance. As of the latest market data, this U.S.-issued bond is trading at a premium, with a current market price of 104.867% of its par value, denominated in U.S. Dollars (USD). It offers an annual interest rate of 5.5%, with coupon payments scheduled semi-annually, consistent with its specified payment frequency of two times per year. The bond is slated for maturity on December 4, 2032. The total volume of this particular issuance amounts to USD 15,000,000, with a minimum purchase size established at USD 1,000, making it accessible to various investor profiles. The exceptional creditworthiness of this bond is further evidenced by its strong ratings from leading agencies: an AA+ from Standard & Poor's (S&P) and an Aa1 from Moody's, both signifying a very low credit risk and a superior capacity to meet financial obligations.