Bond National Agricultural Credit Banks 1.22% ( US3133EMAY85 ) in USD

Issuer	National Agricultural Credit Banks
Market price	88.616 % ▲
Country	United States
ISIN code	US3133EMAY85 ( in USD )
Interest rate	1.22% per year ( payment 2 times a year)
Maturity	23/09/2030
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Minimal amount	1 000 USD
Total amount	270 000 000 USD
Cusip	3133EMAY8
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	23/03/2026 ( In 42 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. This financial article provides an overview of a specific fixed-income instrument: a bond issued by the Federal Farm Credit Banks, identifiable by ISIN US3133EMAY85 and CUSIP 3133EMAY8. The Federal Farm Credit Banks constitute a critical component of the broader U.S. Farm Credit System, a nationwide network of borrower-owned financial institutions dedicated to providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural utilities. As a government-sponsored enterprise (GSE), the Federal Farm Credit Banks issue debt to fund their lending activities, playing an essential role in supporting the stability and growth of the U.S. agricultural sector and rural economies. Issued in the United States and denominated in USD, this particular bond carries a coupon interest rate of 1.22% and is set to mature on September 23, 2030, with interest payments distributed semi-annually. Currently, the bond is quoted on the market at 85.7621% of its par value. The total size of this emission is $270,000,000, with a minimum purchase increment set at $1,000, facilitating diverse investor participation. Its credit quality is affirmed by leading rating agencies, with Standard & Poor's assigning an AA+ rating and Moody's providing an Aa1 rating, underscoring the strong perceived creditworthiness and low risk profile associated with obligations from the Federal Farm Credit Banks, making it a noteworthy consideration for investors seeking high-grade, stable fixed-income assets linked to a vital economic sector.