Bond National Agricultural Credit Banks 2.74% ( US3133ELBB90 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   79.487 %  ⇌ 
Country  United States
ISIN code  US3133ELBB90 ( in USD )
Interest rate 2.74% per year ( payment 2 times a year)
Maturity 29/11/2039



Prospectus brochure of the bond Federal Farm Credit Banks US3133ELBB90 en USD 2.74%, maturity 29/11/2039


Minimal amount 1 000 USD
Total amount 50 000 000 USD
Cusip 3133ELBB9
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 29/05/2026 ( In 109 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.

Federal Farm Credit Banks issued a USD 50,000,000 bond (ISIN: US3133ELBB90, CUSIP: 3133ELBB9) maturing on November 29, 2039, currently trading at 76.6607% of face value with a 2.74% coupon rate, paying semi-annually, and rated AA+ by S&P and Aaa by Moody's, with a minimum purchase size of 1000.







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 First Horizon Bank, J.P. Morgan Securities
LLC and Morgan Stanley & Co. LLC (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 November 29, 2024 as described below in
"Redemption".
Principal Amount: $50,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: November 29, 2019
Maturity Date: November 29, 2039
Interest Rate: 2.740%
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 May 29 and November 29, beginning on May 29, 2020, 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 November 29, 2024, 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: 0.300%
Selling Concession: 0.150%
CUSIP Number: 3133EL BB9

First Horizon Bank
JPMorgan
Morgan Stanley

The date of the Term Sheet is November 19, 2019.