Bond National Agricultural Credit Banks 2.43% ( US3133EGHX61 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ⇌
Country	United States
ISIN code	US3133EGHX61 ( in USD )
Interest rate	2.43% per year ( payment 2 times a year)
Maturity	28/09/2029
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Minimal amount	1 000 USD
Total amount	20 000 000 USD
Cusip	3133EGHX6
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	28/03/2026 ( In 47 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 issuance from the Federal Farm Credit Banks (FFCB), identified by the ISIN US3133EGHX61 and CUSIP 3133EGHX6, presents a significant offering within the fixed-income market. The Federal Farm Credit Banks comprise a critical government-sponsored enterprise (GSE) in the United States, operating as a nationwide network of borrower-owned financial institutions primarily dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, rural utilities, and agribusinesses across the nation. This system plays an integral role in fostering the stability and growth of the U.S. agricultural and rural economies, deriving its strong financial standing and high creditworthiness from its congressional charter and its perceived implicit government backing. This particular bond, denominated in USD and issued in the United States, is currently trading at par, indicated by its 100% market price, suggesting alignment between its coupon and prevailing market yields. It carries a fixed interest rate of 2.43%, with coupon payments scheduled semi-annually, consistent with a payment frequency of two times per year. The bond is slated for maturity on September 28, 2029, offering investors a medium-term exposure. The total size of this specific issuance is $20,000,000, designed with a minimum purchase increment of $1,000, thereby facilitating participation from a broad spectrum of institutional and individual investors. A cornerstone of this bond's appeal lies in its exceptional credit ratings from major agencies: Standard & Poor's has assigned a robust AA+ rating, while Moody's has awarded its top-tier Aaa rating. These premier ratings underscore the FFCB's very strong capacity to meet its financial commitments, reflecting its systemic importance and the perceived low credit risk associated with its operations as a vital component of the U.S. financial infrastructure supporting the agricultural sector.