Bond National Agricultural Credit Banks 2.11% ( US3133ELLT98 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US3133ELLT98 ( in USD )
Interest rate 2.11% per year ( payment 2 times a year)
Maturity 07/02/2033



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 25 000 000 USD
Cusip 3133ELLT9
Next Coupon 07/08/2026 ( In 179 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 notable fixed-income opportunity emerges from the Federal Farm Credit Banks, a cornerstone of the United States' agricultural and rural financial infrastructure. As a Government-Sponsored Enterprise (GSE), the Federal Farm Credit Banks play a vital role in providing a reliable source of credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities across the nation, thereby supporting the stability and growth of the US food and fiber system. Their debt instruments are highly regarded in the fixed-income market, often seen as a proxy for U.S. government agency securities due to their implicit government backing and strong credit quality. This specific bond issuance, designated by ISIN US3133ELLT98 and CUSIP 3133ELLT9, is denominated in US Dollars and carries a fixed annual interest rate of 2.11%. Interest payments are structured on a semi-annual basis, providing regular income to investors. The bond is set to mature on February 7, 2033, and is currently trading at par, reflecting a market price of 100%. The total aggregate size of this particular offering stands at $25,000,000, with a minimum investment threshold of $1,000, making it accessible to a range of institutional and individual investors seeking exposure to high-quality, government-affiliated debt within the U.S. market.