Bond National Agricultural Credit Banks 0.87% ( US3133EM3T78 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ▲
Country	United States
ISIN code	US3133EM3T78 ( in USD )
Interest rate	0.87% per year ( payment 2 times a year)
Maturity	01/09/2026
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Minimal amount	1 000 USD
Total amount	310 000 000 USD
Cusip	3133EM3T7
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	01/03/2026 ( In 20 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 new fixed-income investment opportunity has emerged in the market, offered by the Federal Farm Credit Banks (FFCB), a critical government-sponsored enterprise (GSE) within the United States' financial landscape. The FFCB system is a nationwide network of borrower-owned financial institutions dedicated to providing credit and related services to farmers, ranchers, aquatic producers, and agricultural cooperatives, thereby playing a fundamental role in ensuring a stable and reliable source of credit for the agricultural sector and supporting the nation's food and fiber production. While FFCB securities are not explicitly guaranteed by the U.S. government, their strong creditworthiness is widely recognized due to their vital public mission and the historical implicit support extended to other GSEs. This specific offering, an Obligation, is identified by the ISIN US3133EM3T78 and CUSIP 3133EM3T7. Issued from the United States and denominated in US Dollars (USD), the bond carries a coupon interest rate of 0.87%. The total size of this particular issuance is $310,000,000, with a minimum purchase amount set at $1,000, making it accessible to a range of investors. The bond features a maturity date of September 1, 2026, and provides interest payments twice annually, reflecting a semi-annual payment frequency. As of the latest market valuation, the bond is currently trading at 100% of its par value. Underscoring the issuer's robust financial health and the high quality of the security, the bond has garnered exceptional credit ratings from major agencies: Standard & Poor's (S&P) has assigned it an AA+ rating, and Moody's has awarded its top-tier Aaa rating, both signifying an extremely strong capacity to meet financial obligations.