Bond National Agricultural Credit Banks 2.04% ( US3133EMWB45 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ▲
Country	United States
ISIN code	US3133EMWB45 ( in USD )
Interest rate	2.04% per year ( payment 2 times a year)
Maturity	14/04/2031
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Minimal amount	1 000 USD
Total amount	205 000 000 USD
Cusip	3133EMWB4
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	14/04/2026 ( In 64 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 opportunity within the fixed-income market presents itself with a bond issued by the Federal Farm Credit Banks, identifiable by its ISIN US3133EMWB45 and CUSIP 3133EMWB4. The Federal Farm Credit Banks comprise a nationwide network of borrower-owned lending institutions and specialized service organizations crucial for providing credit and related services to farmers, ranchers, producers or harvesters of aquatic products, and rural residents and businesses across the United States. Operating under the oversight of the Farm Credit Administration, an independent agency of the U.S. government, these entities play a vital role in supporting the agricultural sector and rural economies, a framework that underpins the strong credit quality of their debt instruments. This particular bond, issued in the United States, currently trades at 100% of its par value and is denominated in USD. It features a fixed interest rate of 2.04% and reaches maturity on April 14, 2031. The total size of this issuance is $205,000,000, with a minimum purchase requirement set at $1,000, making it accessible to a range of investors. Interest payments are scheduled with a frequency of two per year, implying semi-annual disbursements to bondholders. Reflecting the issuer's robust financial standing and the inherent stability provided by its structure, the bond has secured exceptional credit ratings from leading agencies: an AA+ rating from Standard & Poor's (S&P) and an Aaa rating from Moody's, both indicative of very low credit risk and high investment grade quality.