Bond National Agricultural Credit Banks 3.74% ( US3133EDU427 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ▼ 
Country  United States
ISIN code  US3133EDU427 ( in USD )
Interest rate 3.74% per year ( payment 2 times a year)
Maturity 02/09/2037



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Minimal amount 1 000 USD
Total amount 10 000 000 USD
Cusip 3133EDU42
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 02/03/2026 ( In 21 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.

Investors seeking high-quality fixed-income opportunities may consider the obligation issued by the Federal Farm Credit Banks (FFCBs), identified by ISIN US3133EDU427 and CUSIP 3133EDU42. The FFCBs are a critical component of the Farm Credit System, a U.S. government-sponsored enterprise (GSE) designed to provide reliable and consistent credit to American agriculture and rural communities. As a collective of borrower-owned lending institutions, they issue debt in the capital markets to fund their operations, which primarily involve extending credit and related services to farmers, ranchers, and rural utility providers across the United States. This particular bond, denominated in USD, is currently trading at par (100% of its face value) and offers an attractive coupon rate of 3.74%. With a total issue size of $10,000,000 and a minimum purchase increment of $1,000, it caters to a range of investors. The bond matures on September 2, 2037, and provides semi-annual interest payments, ensuring a steady income stream. Reflecting the issuer's robust creditworthiness and its status as a GSE, the obligation holds exceptional credit ratings of AA+ from Standard & Poor's and Aaa from Moody's, placing it among the highest-rated debt instruments available in the market.