Bond National Agricultural Credit Banks 1.95% ( US3133ELZB35 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   81.178 %  ▼ 
Country  United States
ISIN code  US3133ELZB35 ( in USD )
Interest rate 1.95% per year ( payment 2 times a year)
Maturity 14/05/2035



Prospectus brochure of the bond Federal Farm Credit Banks US3133ELZB35 en USD 1.95%, maturity 14/05/2035


Minimal amount 1 000 USD
Total amount 150 000 000 USD
Cusip 3133ELZB3
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 14/05/2026 ( In 94 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 US3133ELZB35, pays a coupon of 1.95% per year.
The coupons are paid 2 times per year and the Bond maturity is 14/05/2035

The Bond issued by National Agricultural Credit Banks ( United States ) , in USD, with the ISIN code US3133ELZB35, 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 US3133ELZB35, 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, J.P. Morgan Securities LLC and Morgan
Stanley & Co. LLC (the "Dealers"), as principals, for resale to investors at varying prices according to
prevailing market prices at the time of resale as determined by the Dealers. 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 May 14, 2021 as described below in "Redemption".
Principal Amount: $150,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: May 14, 2020
Maturity Date: May 14, 2035
Interest Rate: 1.950%
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 May 14 and November 14, beginning on November 14, 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 May 14, 2021, 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 ZB3

First Horizon Bank
JPMorgan
Morgan Stanley
The date of the Term Sheet is May 5, 2020.