Bond National Agricultural Credit Banks 1.77% ( US3133ELXR05 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US3133ELXR05 ( in USD )
Interest rate 1.77% per year ( payment 2 times a year)
Maturity 30/04/2035



Prospectus brochure of the bond Federal Farm Credit Banks US3133ELXR05 en USD 1.77%, maturity 30/04/2035


Minimal amount 1 000 USD
Total amount 60 000 000 USD
Cusip 3133ELXR0
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 30/04/2026 ( In 80 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.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US3133ELXR05, pays a coupon of 1.77% per year.
The coupons are paid 2 times per year and the Bond maturity is 30/04/2035

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US3133ELXR05, was rated Aa1 ( High grade - Investment-grade ) by Moody's credit rating agency.

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US3133ELXR05, was rated AA+ ( High grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







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 (the "Dealer"), as principal, for resale to
investors at varying prices according to prevailing market prices at the time of resale as determined by the
Dealer. 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 April 30, 2025 as described below
in "Redemption".
Principal Amount: $60,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: April 30, 2020
Maturity Date: April 30, 2035
Interest Rate: 1.770%
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 April 30 and October 30, beginning on October 30, 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 April 30, 2025, 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 XR0

First Horizon Bank
The date of the Term Sheet is April 21, 2020.