Bond National Agricultural Credit Banks 2.91% ( US3133ECFX75 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ▲
Country	United States
ISIN code	US3133ECFX75 ( in USD )
Interest rate	2.91% per year ( payment 2 times a year)
Maturity	22/02/2028
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Minimal amount	1 000 USD
Total amount	6 000 000 USD
Cusip	3133ECFX7
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	22/02/2026 ( In 13 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. A recent bond offering from the Federal Farm Credit Banks (FFCB) presents investors with an opportunity in the U.S. debt market, identified by the ISIN code US3133ECFX75 and CUSIP identifier 3133ECFX7, and issued directly from the United States. The Federal Farm Credit Banks serve as the funding arm for the Farm Credit System, a nationwide network of borrower-owned lending institutions established by Congress, whose primary mission is to provide stable, reliable credit to farmers, ranchers, agricultural cooperatives, and rural utilities across the United States, a crucial role in supporting the nation's agricultural sector that underpins the robust credit quality of FFCB's obligations. Currently observed trading at 100% of its face value on the market, this bond is denominated in United States Dollars (USD) and carries an annual coupon rate of 2.91%, with interest payments disbursed semi-annually for a payment frequency of two times per year, and is set to mature on February 22, 2028. The total size of this particular issuance stands at $6,000,000, with a minimum investment threshold set at $1,000, making it accessible to a range of investors, and reflecting the strong implicit government support and the sound financial standing of the Farm Credit System, the bond has garnered high credit ratings from leading agencies, with Standard & Poor's (S&P) assigning an AA+ rating and Moody's awarding its highest possible rating of Aaa, underscoring the perceived low risk profile of this investment.