Bond National Agricultural Credit Banks 2.1% ( US3133ELPL27 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   80.493 %  ⇌ 
Country  United States
ISIN code  US3133ELPL27 ( in USD )
Interest rate 2.1% per year ( payment 2 times a year)
Maturity 27/02/2035



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Minimal amount 1 000 USD
Total amount 50 000 000 USD
Cusip 3133ELPL2
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 27/02/2026 ( In 18 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.

This financial article presents a detailed overview of a specific debt instrument, identified by its ISIN US3133ELPL27 and CUSIP 3133ELPL2. The bond is issued by the Federal Farm Credit Banks, a crucial government-sponsored enterprise (GSE) in the United States, which operates as a nationwide network of borrower-owned financial institutions dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural utility systems, thereby ensuring a stable and reliable source of funding for the agricultural and rural sectors. As of the latest market data, this USD-denominated bond is trading at 80.493% of its par value, offering a fixed interest rate of 2.1%. The total offering size of this particular issuance amounts to $50,000,000, with investors able to acquire a minimum purchase unit of $1,000. Its maturity is set for February 27, 2035, with interest distributions occurring semiannually. Reflecting its strong credit quality, the bond has been rated AA+ by Standard & Poor's and Aa1 by Moody's.