Bond National Agricultural Credit Banks 2.55% ( US3133EFF779 ) in USD
| Issuer | National Agricultural Credit Banks | ||
| Market price | |||
| Country | United States
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| ISIN code |
US3133EFF779 ( in USD )
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| Interest rate | 2.55% per year ( payment 2 times a year) | ||
| Maturity | 28/02/2028 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 5 000 000 USD | ||
| Cusip | 3133EFF77 | ||
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
| Moody's rating | Aaa ( Prime - Investment-grade ) | ||
| Next Coupon | 28/02/2026 ( In 19 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 notable debt offering from the United States, identified by ISIN US3133EFF779 and CUSIP 3133EFF77, has been issued by the Federal Farm Credit Banks. The Federal Farm Credit Banks constitute a critical component of the U.S. financial system, functioning as a government-sponsored enterprise (GSE) dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities. Their essential role in ensuring a stable and reliable source of credit for the agricultural sector means their obligations are widely perceived to carry strong implicit government support, despite not being direct obligations of the U.S. Treasury. This particular bond, denominated in United States Dollars (USD), is currently trading at 100% of its face value, indicating it is priced at par on the market. It offers a fixed annual interest rate of 2.55%, with payments distributed semi-annually, providing a steady income stream for investors. The total size of this issuance is $5,000,000, and the minimum purchase amount is set at $1,000, catering to both institutional and individual investors. This debt security is slated to mature on February 28, 2028. Its exceptional credit quality is underscored by top-tier ratings from leading agencies: Standard & Poor's has assigned an 'AA+' rating, while Moody's has provided its highest possible rating of 'Aaa'. These robust ratings reflect a very low credit risk, positioning this bond as a highly secure and attractive investment vehicle for those prioritizing capital preservation and consistent returns within the fixed-income landscape. |
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