Bond National Agricultural Credit Banks 4.2% ( US3133EJQS15 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US3133EJQS15 ( in USD )
Interest rate 4.2% per year ( payment 2 times a year)
Maturity 01/06/2038



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Minimal amount 1 000 USD
Total amount 40 000 000 USD
Cusip 3133EJQS1
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 01/06/2026 ( In 112 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 fixed-income instrument issued by the Federal Farm Credit Banks, identified by ISIN US3133EJQS15 and CUSIP 3133EJQS1, is currently available on the market. The Federal Farm Credit Banks comprise a nationwide network of borrower-owned lending institutions that collectively serve as a Government-Sponsored Enterprise (GSE) within the United States. Their primary mission is to provide credit and related financial services to farmers, ranchers, agricultural cooperatives, and various entities in rural America, operating under the oversight of the Farm Credit Administration, an independent federal agency. This crucial role positions the system as a fundamental pillar in supporting the U.S. agricultural economy and rural development. This specific bond, denominated in US Dollars (USD), is presently trading at par, reflecting a current market price of 100%. It carries an annual interest rate, or coupon, of 4.2%, with interest payments disbursed semi-annually to investors. The bond represents a total issue size of $40,000,000, with a minimum investment threshold set at $1,000, making it accessible to a range of investors. Its maturity date is scheduled for June 1, 2038, offering a long-term investment horizon. Reflecting its robust credit quality, the bond has garnered exceptional ratings from leading credit rating agencies; Standard & Poor's (S&P) has assigned a rating of AA+, while Moody's has provided its highest rating of Aaa. These top-tier credit assessments underscore the issuer's strong capacity to meet its financial obligations and the bond's low perceived credit risk, positioning it as a highly reliable investment within the fixed-income landscape of the United States.