Bond National Agricultural Credit Banks 5.25% ( US31331YBY59 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   103.225 %  ⇌ 
Country  United States
ISIN code  US31331YBY59 ( in USD )
Interest rate 5.25% per year ( payment 2 times a year)
Maturity 29/10/2037



Prospectus brochure of the bond Federal Farm Credit Banks US31331YBY59 en USD 5.25%, maturity 29/10/2037


Minimal amount 1 000 USD
Total amount 20 000 000 USD
Cusip 31331YBY5
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 29/04/2026 ( In 79 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 US31331YBY59, pays a coupon of 5.25% per year.
The coupons are paid 2 times per year and the Bond maturity is 29/10/2037

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US31331YBY59, 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 US31331YBY59, 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,
November 26, 2003 and March 8, 2007 (the "Offering Circular"). The Fixed Rate Bonds described herein
(the "Bonds") were sold to Morgan Stanley & Co., Incorporated (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: $20,000,000
Denomination: $5,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: October 29, 2007
Maturity Date: October 29, 2037
Interest Rate: 5.250%
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 April 29 and October 29, beginning on April 29, 2008, 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: 0.300%
Selling Concession: 0.000%
CUSIP Number: 31331Y BY5
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.
Morgan Stanley
The date of the Term Sheet is October 19, 2007.