Bond National Agricultural Credit Banks 2.59% ( US3133EHSP91 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US3133EHSP91 ( in USD )
Interest rate 2.59% per year ( payment 2 times a year)
Maturity 02/08/2027



Prospectus brochure of the bond Federal Farm Credit Banks US3133EHSP91 en USD 2.59%, maturity 02/08/2027


Minimal amount 1 000 USD
Total amount 25 000 000 USD
Cusip 3133EHSP9
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 02/08/2026 ( In 174 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.

This financial analysis focuses on a specific fixed-income instrument, an obligation identified by ISIN US3133EHSP91 and CUSIP 3133EHSP9, issued by the Federal Farm Credit Banks. As a government-sponsored enterprise (GSE), the Federal Farm Credit Banks (FFCB) constitute a vital nationwide network of borrower-owned lending institutions dedicated to providing credit and financial services to farmers, ranchers, agricultural cooperatives, rural utility systems, and other entities crucial to rural America. Their fundamental mission is to ensure a stable and reliable source of funding for the agricultural sector, underpinning the stability of the U.S. rural economy. While their debt obligations are not direct liabilities of the U.S. government, their GSE status and systemic importance imply significant government support, a factor that contributes to their consistently high credit ratings. This particular bond, denominated in United States Dollars (USD) and issued from the United States, is currently trading at par, specifically at 100% of its face value. It offers an attractive annual interest rate of 2.59%, with interest payments distributed semi-annually, indicated by a payment frequency of two times per year. The bond is slated for maturity on August 2, 2027, establishing a clear mid-term investment horizon. The total issue size for this offering is set at $25,000,000, with a minimum purchase amount accessible at $1,000, allowing for broad investor participation. Reflecting the issuer's exceptional creditworthiness and stability, the bond has received top-tier credit ratings from major agencies: a distinguished 'AA+' from Standard & Poor's (S&P) and the paramount 'Aaa' rating from Moody's, affirming its classification as an investment-grade security with minimal perceived default risk.







TERM SHEET

Federal Farm Credit Banks
Consolidated Systemwide

Bonds

This Term Sheet relates to the Bonds described below and should be read in conjunction with the Federal
Farm Credit Banks Consolidated Systemwide Bonds and Discount Notes Offering Circular, dated
December 8, 2014, as amended and supplemented (the "Offering Circular"). The Fixed Rate Bonds
described herein (the "Bonds") were sold to Merrill Lynch, Pierce, Fenner & Smith Inc (the "Dealer"), as
principal, for resale to investors at varying prices according to prevailing market prices at the time of resale
as determined by the Dealer. Terms set forth below unless otherwise defined have the meaning ascribed to
them in the Offering Circular.
Principal Amount: $25,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: August 2, 2017
Maturity Date: August 2, 2027
Interest Rate: 2.590%
Day Count Basis: Interest shall be computed on the basis of a 360-day year consisting of twelve 30-day
months.
Interest Payment Dates: Each February 2 and August 2, beginning on February 2, 2018, and the Maturity
Date
Redemption: The Bonds are not subject to redemption prior to the Maturity Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.306079%
Selling Concession: 0.000%
CUSIP Number: 3133EH SP9

Merrill Lynch, Pierce, Fenner & Smith Inc

The date of the Term Sheet is July 19, 2017.