Bond National Agricultural Credit Banks 2.74% ( US3133EG4Z55 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US3133EG4Z55 ( in USD )
|
| Interest rate | 2.74% per year ( payment 2 times a year) |
| Maturity | 26/01/2026 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 32 000 000 USD |
| Cusip | 3133EG4Z5 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aaa ( Prime - Investment-grade ) |
| 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. This financial analysis details a specific debt obligation, identified by ISIN US3133EG4Z55 and CUSIP 3133EG4Z5, issued by the Federal Farm Credit Banks from the United States. The Federal Farm Credit Banks are a critical component of the U.S. agricultural financial infrastructure, comprising a system of borrower-owned financial institutions that form part of the broader Farm Credit System, a government-sponsored enterprise (GSE) mandated to provide reliable and competitive credit to farmers, ranchers, aquatic producers, and rural businesses across the nation, thereby underpinning the vitality of American agriculture and rural communities and positioning their debt instruments as highly regarded within the fixed-income market. This particular bond, denominated in USD, currently trades at 100% of its face value, signifying it is priced at par, and features an annual coupon interest rate of 2.74%, with payments distributed biannually at a frequency of 2 per year until its maturity date of January 26, 2026. The total issuance size for this offering amounts to $32,000,000, with a minimum purchase requirement of $1,000, designed to accommodate a diverse range of investors. Reflecting the robust financial standing and systemic importance of the Federal Farm Credit Banks, the bond has received exceptionally strong credit ratings from leading agencies, specifically an AA+ rating from Standard & Poor's (S&P) and the highest possible Aaa rating from Moody's, collectively underscoring its very low credit risk profile. |
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