Bond National Agricultural Credit Banks 2.9% ( US3133EHU683 ) in USD

Issuer	National Agricultural Credit Banks
Market price	95.279 % ⇌
Country	United States
ISIN code	US3133EHU683 ( in USD )
Interest rate	2.9% per year ( payment 2 times a year)
Maturity	20/11/2029
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	15 000 000 USD
Cusip	3133EHU68
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	20/05/2026 ( In 100 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 detailed analysis of a Federal Farm Credit Banks bond, identified by ISIN US3133EHU683 and CUSIP 3133EHU68, reveals a key fixed-income instrument originating from the United States. The issuer, Federal Farm Credit Banks, is a critical U.S. government-sponsored enterprise (GSE) established to provide a reliable and competitive source of credit for farmers, ranchers, and rural utility systems across the nation. Operating under the supervision of the Farm Credit Administration, an independent agency of the U.S. executive branch, this system plays a vital role in supporting the financial health and development of American agriculture and rural communities. This specific bond, denominated in U.S. Dollars (USD), features a coupon rate of 2.9%, with interest payments distributed semi-annually, aligning with standard market practices for U.S.-issued debt. The instrument is set to mature on November 20, 2029. The total offering size for this bond issue is 15,000,000 USD, structured to allow for a minimum purchase quantity of 1,000 USD. On the secondary market, the bond is presently quoted at 95.279% of its par value, indicating it is trading at a discount to its face value. This current market price suggests a yield to maturity above the nominal coupon, potentially offering an attractive return for new investors given prevailing market conditions. Furthermore, the bond benefits from exceptionally strong credit assessments from leading rating agencies, with Standard & Poor's assigning an 'AA+' rating and Moody's Investors Service providing an 'Aa1' rating, both reflecting a high degree of creditworthiness and a low probability of default, consistent with the issuer's implicit government backing.