Bond National Agricultural Credit Banks 1.8% ( US3133ELNG59 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   92.721 %  ▼ 
Country  United States
ISIN code  US3133ELNG59 ( in USD )
Interest rate 1.8% per year ( payment 2 times a year)
Maturity 19/02/2030



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 3133ELNG5
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 19/02/2026 ( In 10 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 investment opportunity is currently available for scrutiny, represented by a bond issued by the Federal Farm Credit Banks. The bond's issuer, Federal Farm Credit Banks, is a well-established U.S. government-sponsored enterprise (GSE) that plays a critical role in providing credit and related services to agricultural and rural communities nationwide. Comprising a network of borrower-owned financial institutions, the Farm Credit System has been a cornerstone of American agriculture for over a century, facilitating access to capital for farmers, ranchers, and rural businesses. Its operations are subject to federal oversight, contributing to its perceived stability and high creditworthiness. This particular debt instrument, identified by ISIN US3133ELNG59 and CUSIP 3133ELNG5, is denominated in U.S. Dollars (USD) and carries a fixed annual interest rate (coupon) of 1.8%. Payments are structured on a semi-annual basis, providing regular income to bondholders. The bond is set to mature on February 19, 2030. As of current market data, the bond is trading at 91.004% of its par value. The total offering size for this specific issue amounts to $25,000,000, with a minimum investment threshold set at $1,000. Reflecting the issuer's robust financial standing and systemic importance, this bond commands strong credit ratings from leading agencies. Standard & Poor's (S&P) has assigned a rating of AA+, while Moody's assesses the bond at Aa1. Both ratings signify a very low credit risk, underscoring the issuer's strong capacity to meet its financial commitments.