Bond National Agricultural Credit Banks 1.83% ( US3133EMGC02 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | |
| Country | United States
|
| ISIN code |
US3133EMGC02 ( in USD )
|
| Interest rate | 1.83% per year ( payment 2 times a year) |
| Maturity | 05/11/2035 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 95 000 000 USD |
| Cusip | 3133EMGC0 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aa1 ( High grade - Investment-grade ) |
| Next Coupon | 05/05/2026 ( In 85 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 examination of the fixed-income market reveals a notable offering from the Federal Farm Credit Banks, specifically the bond identified by ISIN US3133EMGC02 and CUSIP 3133EMGC0; as a pivotal government-sponsored enterprise (GSE) based in the United States, Federal Farm Credit Banks plays a crucial role in providing credit and related services to farmers, ranchers, and rural communities across the nation, thereby supporting the vitality of the U.S. agricultural sector, and its debt instruments are widely regarded for their robust credit quality due to the institution's implicit support from the U.S. government and its integral role within the financial system; this particular bond, denominated in USD, features an annual interest rate, or coupon, of 1.83% and is scheduled to mature on November 5, 2035, positioning it as a long-term debt instrument with a total issuance size of $95,000,000 and a practical minimum purchase amount set at $1,000, making it accessible to a range of investors, while interest payments are structured with a frequency of two, indicating semi-annual disbursements to bondholders; currently, the bond trades on the market at 74.833% of its par value, signifying it is priced at a substantial discount, which implies a yield-to-maturity higher than its stated coupon rate, potentially offering an attractive entry point for investors considering future capital appreciation towards par as it approaches maturity or seeking enhanced effective yields in the current market environment; the bond's strong creditworthiness is further affirmed by its impressive ratings, an AA+ from Standard & Poor's and an Aa1 from Moody's, both indicative of a very high-quality fixed-income security with low credit risk, reflecting the issuer's financial strength and stable operating environment, thus positioning the US3133EMGC02 bond as a compelling option within the U.S. fixed-income landscape, combining a long-term horizon with significant credit backing and a market valuation that warrants careful consideration from a yield perspective. |
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