Bond National Agricultural Credit Banks 1.48% ( US3133EMRG96 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | |
| Country | United States
|
| ISIN code |
US3133EMRG96 ( in USD )
|
| Interest rate | 1.48% per year ( payment 2 times a year) |
| Maturity | 18/02/2031 |
|
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 | 50 000 000 USD |
| Cusip | 3133EMRG9 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aaa ( Prime - Investment-grade ) |
| Next Coupon | 18/02/2026 ( In 9 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 new fixed-income offering from the Federal Farm Credit Banks is drawing attention in the bond market, presenting a robust investment opportunity with strong credit fundamentals. Identified by ISIN US3133EMRG96 and CUSIP 3133EMRG9, this bond is a standard obligation issued from the United States. It currently trades at par, reflecting a market price of 100%, and is denominated in U.S. Dollars (USD). The bond offers an attractive interest rate of 1.48%. The issuer, Federal Farm Credit Banks (FFCB), comprises a nationwide network of borrower-owned lending institutions that provide credit and related services to farmers, ranchers, cooperatives, and rural utilities throughout the United States. Established to serve the agricultural and rural sectors, the FFCB is a government-sponsored enterprise (GSE) and is a component of the larger Farm Credit System. While not directly guaranteed by the U.S. government, their obligations are considered implicitly guaranteed due to their critical role in supporting the U.S. agricultural economy and their strong oversight by the Farm Credit Administration. This structural backing contributes significantly to their high creditworthiness. This particular issue has a substantial total size of 50,000,000 USD, with a minimum purchase amount set at 1,000 USD, making it accessible to a range of investors. The bond carries a maturity date of February 18, 2031, providing a mid-to-long-term investment horizon. Interest payments are scheduled semi-annually. The bond's exceptional credit quality is underscored by its ratings: an AA+ by Standard & Poor's (S&P) and an even higher Aaa by Moody's, placing it firmly in the investment-grade category with very low credit risk. With its competitive yield, strong issuer backing, and top-tier credit ratings, this Federal Farm Credit Banks bond offers a compelling option for investors seeking stability and safety in their fixed-income portfolios. |
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