Bond National Agricultural Credit Banks 3.14% ( US3133EKBX38 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ▼ 
Country  United States
ISIN code  US3133EKBX38 ( in USD )
Interest rate 3.14% per year ( payment 2 times a year)
Maturity 28/02/2031



Prospectus brochure of the bond Federal Farm Credit Banks US3133EKBX38 en USD 3.14%, maturity 28/02/2031


Minimal amount 1 000 USD
Total amount 25 000 000 USD
Cusip 3133EKBX3
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 28/02/2026 ( In 19 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.

Investors are currently observing a significant debt instrument issued by the Federal Farm Credit Banks, identifiable by ISIN US3133EKBX38 and CUSIP 3133EKBX3, representing a key offering within the U.S. fixed-income market. The Federal Farm Credit Banks (FFCB) constitute a nationwide network of borrower-owned lending institutions dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities across the United States. As a government-sponsored enterprise (GSE), the FFCB plays a crucial role in ensuring a stable and reliable source of funding for the U.S. agricultural sector, benefiting from an implicit backing by the U.S. government, which significantly contributes to the high credit quality of its debt offerings. This specific bond, denominated in US Dollars (USD) and issued in the United States, carries a fixed interest rate of 3.14%, with interest payments disbursed semi-annually, providing a consistent income stream to bondholders. The obligation is set to mature on February 28, 2031, offering a defined repayment horizon. With a total issuance size of $25,000,000 and a minimum purchase increment of $1,000, the bond is designed for broad investor accessibility. Currently, it is trading at 100% of its par value on the open market, indicating a balanced supply-demand dynamic and alignment with prevailing market conditions. Reflecting the robust financial standing and unique GSE status of the issuer, this bond boasts exceptionally high credit ratings from leading agencies: Standard & Poor's (S&P) has assigned an AA+ rating, while Moody's has awarded its highest possible rating of Aaa. These top-tier ratings underscore the bond's very low credit risk, positioning it as a highly secure and attractive asset for investors seeking stability and reliability within their fixed-income portfolios.







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 Citigroup Global Markets 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: February 28, 2019
Maturity Date: February 28, 2031
Interest Rate: 3.140%
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 28 and August 28, beginning on August 28, 2019, 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: 0.366782%
Selling Concession: 0.150%
CUSIP Number: 3133EK BX3

Citigroup Global Markets Inc.

The date of the Term Sheet is February 21, 2019.