Bond National Agricultural Credit Banks 2.57% ( US3133EMXE74 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US3133EMXE74 ( in USD )
Interest rate 2.57% per year ( payment 2 times a year)
Maturity 22/04/2041



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Minimal amount 1 000 USD
Total amount 10 000 000 USD
Cusip 3133EMXE7
Standard & Poor's ( S&P ) rating N/A
Moody's rating Aaa ( Prime - Investment-grade )
Next Coupon 22/04/2026 ( In 72 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 notable fixed-income opportunity is currently available in the form of a bond issued by the Federal Farm Credit Banks, identified by ISIN US3133EMXE74 and CUSIP 3133EMXE7. The Federal Farm Credit Banks constitute a critical component of the U.S. Farm Credit System, a nationwide network of borrower-owned lending institutions and specialized service organizations. As a government-sponsored enterprise (GSE) based in the United States, they are instrumental in providing credit and related services to farmers, ranchers, agricultural cooperatives, and rural communities across the nation, thereby supporting America's vital agricultural sector and rural economy. This particular bond, denominated in USD, offers investors a fixed annual coupon rate of 2.57%, with payments distributed semi-annually, providing a steady income stream. The total issue size for this offering stands at $10,000,000, with a minimum purchase increment set at $1,000, making it accessible to a range of investors. The bond is currently trading at its par value of 100% on the market, indicating equilibrium with prevailing market rates. It features a long-term maturity profile, set to expire on April 22, 2041, making it suitable for investors with a longer investment horizon. Significantly, this bond carries the highest possible credit rating of Aaa from Moody's, reflecting the exceptional creditworthiness of the Federal Farm Credit Banks and the perceived low risk associated with their obligations, underscored by their GSE status and implicit government backing. Issued from the United States, this instrument represents a high-quality, long-duration asset for portfolios seeking stability and robust credit quality.