Bond National Agricultural Credit Banks 0.89% ( US3133EMNR97 ) in USD

Issuer	National Agricultural Credit Banks
Market price	89.7578 % ⇌
Country	United States
ISIN code	US3133EMNR97 ( in USD )
Interest rate	0.89% per year ( payment 2 times a year)
Maturity	26/01/2028
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Minimal amount	1 000 USD
Total amount	165 000 000 USD
Cusip	3133EMNR9
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	26/07/2026 ( In 167 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 fixed-income instrument issued by the Federal Farm Credit Banks, identified by ISIN US3133EMNR97 and CUSIP 3133EMNR9, presents a notable offering within the United States' bond market. The issuer, the Federal Farm Credit Banks (FFCB), is a nationwide network of borrower-owned lending institutions and specialized service organizations fundamentally established to provide credit and related services to farmers, ranchers, and agricultural cooperatives across the United States. Operating under federal oversight, the FFCB's mandate to support the vital agricultural sector, coupled with its robust operational framework, underpins its strong financial standing and high credit quality. This specific bond, denominated in USD, carries a coupon interest rate of 0.89% and is scheduled to mature on January 26, 2028, with interest payments distributed semi-annually. The total size of this issuance is $165,000,000, and it is currently trading on the market at 89.7578% of its par value, with a minimum purchase size set at $1,000. Its strong creditworthiness is further substantiated by high-grade ratings from premier agencies: Standard & Poor's has assigned an AA+ rating, and Moody's has provided an Aa1 rating, collectively underscoring the bond's low credit risk and positioning it as a stable component within a diversified fixed-income portfolio.