Bond National Agricultural Credit Banks 1.33% ( US3133ELQ311 ) in USD

Issuer	National Agricultural Credit Banks
Market price	89.7945 % ▲
Country	United States
ISIN code	US3133ELQ311 ( in USD )
Interest rate	1.33% per year ( payment 2 times a year)
Maturity	01/07/2030
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Minimal amount	1 000 USD
Total amount	185 000 000 USD
Cusip	3133ELQ31
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	01/07/2026 ( In 142 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. An investment-grade fixed-income instrument, identified by ISIN US3133ELQ311 and CUSIP 3133ELQ31, is currently observed in the market, having been issued by the Federal Farm Credit Banks, a crucial government-sponsored enterprise (GSE) headquartered in the United States that forms an integral part of the Farm Credit System, dedicated to providing reliable credit and related services to farmers, ranchers, and rural communities across the nation. This particular bond, denominated in USD, carries a coupon interest rate of 1.33% with semi-annual payment frequency, and is set to reach its maturity on July 1, 2030. Part of a total issuance size of $185,000,000, with a minimum purchase amount of $1,000, the bond is currently trading on the secondary market at 87.343% of its par value, reflecting its current yield profile. Further underscoring its financial stability and the strong implicit backing, this obligation has received robust credit ratings of AA+ from Standard & Poor's and Aa1 from Moody's.