Bond National Agricultural Credit Banks 3.07% ( US3133EKFQ41 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   97.997 %  ▲ 
Country  United States
ISIN code  US3133EKFQ41 ( in USD )
Interest rate 3.07% per year ( payment 2 times a year)
Maturity 04/04/2029



Prospectus brochure of the bond Federal Farm Credit Banks US3133EKFQ41 en USD 3.07%, maturity 04/04/2029


Minimal amount 1 000 USD
Total amount 20 000 000 USD
Cusip 3133EKFQ4
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 04/04/2026 ( In 54 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 examination of the fixed-income market highlights a notable bond issued by the Federal Farm Credit Banks (FFCB), identifiable by its ISIN US3133EKFQ41 and CUSIP 3133EKFQ4. This instrument, issued in the United States and denominated in USD, holds a prominent position due to its issuer's nature: the Federal Farm Credit Banks comprise a nationwide system of cooperatively owned banks and associations that provide credit and related services to farmers, ranchers, and agricultural cooperatives, as well as rural utilities and agribusinesses, functioning as a vital government-sponsored enterprise (GSE). The FFCB?s debt securities are generally perceived as highly secure, benefiting from the implicit backing associated with GSEs. Currently trading at 95.654% of its par value, this bond offers a 3.07% coupon rate, with interest payments distributed semi-annually. Its maturity date is set for April 4, 2029, positioning it as a medium-term investment. The total issuance size for this specific bond stands at USD 20,000,000, with a minimum purchase amount of USD 1,000, making it accessible to a range of investors. Further reinforcing its strong investment profile, the bond has been assigned an AA+ rating by Standard & Poor's and an Aa1 rating by Moody's, both indicative of very low credit risk and a robust capacity for timely repayment of principal and interest. This combination of a well-established GSE issuer, a favorable market price, and top-tier credit ratings presents this FFCB bond as a compelling option for investors prioritizing stability and credit quality 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 Optional Principal
Redemption Bonds described herein (the "Bonds") were sold to INTL FCStone Financial Inc. - BD Rates
Division, Incapital LLC, SunTrust Robinson Humphrey Inc. and Vining-Sparks IBG, Ltd. Partnership (the
"Dealers"), as principals, for resale to investors at varying prices according to prevailing market prices at
the time of resale as determined by the Dealers. Terms set forth below unless otherwise defined have the
meaning ascribed to them in the Offering Circular. The Bonds are continuously callable on any day on
or after April 4, 2022 as described below in "Redemption".
Principal Amount: $20,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: April 4, 2019
Maturity Date: April 4, 2029
Interest Rate: 3.070%
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 April 4 and October 4, beginning on October 4, 2019, and the Maturity
Date
Redemption: The Bonds may be redeemed, at the Banks' option, by the Funding Corporation, as agent for
the Banks, in whole or in part, on any day on or after April 4, 2022, together with interest
accrued but unpaid, from and including the most recent date on which interest has been paid,
to but excluding the date on which such Bonds are to be redeemed (each such date on which
the Bonds are to be redeemed, a "Redemption Date") at a redemption price, after payment of
interest due on such Redemption Date, of 100% of the principal amount thereof to be
redeemed. In the event of a partial redemption, a pro rata portion of the outstanding
principal amount of each Bond will be redeemed. Notice of redemption shall not be less
than 5 Business Days prior to the Redemption Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.278%
Selling Concession: 0.150%
CUSIP Number: 3133EK FQ4

INTL FCStone Financial Inc. - BD Rates Division
Incapital LLC
SunTrust Robinson Humphrey Inc.
Vining-Sparks IBG, Ltd. Partnership

The date of the Term Sheet is March 27, 2019.