Bond National Agricultural Credit Banks 2% ( US3133EM6J69 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US3133EM6J69 ( in USD )
Interest rate 2% per year ( payment 2 times a year)
Maturity 27/09/2033



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Minimal amount 1 000 USD
Total amount 125 000 000 USD
Cusip 3133EM6J6
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 27/03/2026 ( In 46 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 analysis of the fixed-income market reveals details of a significant obligation, identified by ISIN US3133EM6J69 and CUSIP 3133EM6J6, issued by the Federal Farm Credit Banks (FFCB). The FFCB, a key government-sponsored enterprise (GSE) in the United States, plays a crucial role in providing credit and financial services to American agriculture and rural communities through the broader Farm Credit System, thereby supporting the nation's food and fiber production. This particular bond, issued in the United States and denominated in USD, currently trades at par, with a market price quoted at 100% of its face value. It offers an annual interest rate of 2%, with interest payments scheduled twice per year, and is set to reach maturity on September 27, 2033. The total issuance size for this bond amounts to $125,000,000, with a minimum investment threshold of $1,000, aiming to accommodate a wide range of investors. Reflecting its robust creditworthiness, the obligation commands an impressive AA+ rating from Standard & Poor's and the highest possible Aaa rating from Moody's, positions that underscore its strong financial standing and low perceived default risk within the global debt markets.