Bond National Agricultural Credit Banks 3.42% ( US3133EDS371 ) in USD

Issuer	National Agricultural Credit Banks
Market price	118.625 % ⇌
Country	United States
ISIN code	US3133EDS371 ( in USD )
Interest rate	3.42% per year ( payment 2 times a year)
Maturity	06/08/2029
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Minimal amount	1 000 USD
Total amount	10 000 000 USD
Cusip	3133EDS37
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	06/08/2026 ( In 178 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 detailed analysis of the bond identified by ISIN US3133EDS371 and CUSIP 3133EDS37 reveals it to be an obligation issued by the Federal Farm Credit Banks, a prominent Government-Sponsored Enterprise (GSE) based in the United States, forming a crucial part of the nationwide Farm Credit System which provides vital credit and related services to agricultural and rural communities. This fixed-income instrument, denominated in USD, features a fixed annual coupon rate of 3.42% and is set to mature on August 6, 2029. The total size of this particular bond issuance stands at $10,000,000, with a minimum investment threshold of $1,000, making it accessible to a range of investors. As of the latest market data, the bond is trading at a premium, priced at 118.625% of its par value. Interest payments are distributed semi-annually, corresponding to a payment frequency of two times per year. Underscoring its robust credit quality, the bond carries a AA+ rating from Standard & Poor's and an Aa1 rating from Moody's, indicative of a very high capacity to meet its financial obligations.