Bond National Agricultural Credit Banks 0.75% ( US3133EMKK71 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US3133EMKK71 ( in USD )
Interest rate 0.75% per year ( payment 2 times a year)
Maturity 16/12/2026



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Minimal amount 1 000 USD
Total amount 300 000 000 USD
Cusip 3133EMKK7
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 16/06/2026 ( In 127 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 details a specific bond issuance from the Federal Farm Credit Banks, a government-sponsored enterprise (GSE) within the United States. The Federal Farm Credit Banks (FFCB) play a crucial role in the nation's agricultural economy, providing a stable and reliable source of credit to farmers, ranchers, and rural communities through a network of cooperatively-owned financial institutions. As a key component of the Farm Credit System, FFCB entities issue debt securities to fund their lending activities, with their obligations widely considered to be highly secure due to their GSE status, often benefiting from implied governmental support although not explicitly guaranteed. The bond in question, identified by ISIN US3133EMKK71 and CUSIP 3133EMKK7, is a U.S.-issued obligation denominated in U.S. Dollars (USD). It currently trades at 100% of its par value, offering a fixed interest rate, or coupon, of 0.75%. Interest payments are scheduled to occur semi-annually, with the bond reaching its maturity on December 16, 2026. This particular issuance has a total size of $300,000,000, with a minimum investment requirement set at $1,000. Reflecting its exceptionally strong credit profile and the backing inherent to its issuer, the bond has received top-tier ratings from prominent credit rating agencies: Standard & Poor's (S&P) has assigned an AA+ rating, while Moody's has awarded its highest possible rating of Aaa, underscoring the instrument's very low credit risk. This highly-rated, relatively short-term fixed-income instrument from a foundational institution in the U.S. agricultural finance sector offers investors a secure and stable income stream.