Bond National Agricultural Credit Banks 3.7% ( US3133ENC812 ) in USD

Issuer	National Agricultural Credit Banks
Market price	95.6885 % ▼
Country	United States
ISIN code	US3133ENC812 ( in USD )
Interest rate	3.7% per year ( payment 2 times a year)
Maturity	26/07/2034
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Minimal amount	1 000 USD
Total amount	75 000 000 USD
Cusip	3133ENC81
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. An in-depth analysis of a key debt instrument reveals the Federal Farm Credit Banks (FFCBs) bond, identified by ISIN US3133ENC812 and CUSIP 3133ENC81, as a significant offering in the fixed-income market. The Federal Farm Credit Banks serve as critical components of the U.S. Farm Credit System, a nationwide network of financial cooperatives dedicated to providing credit and related services to farmers, ranchers, rural homeowners, aquatic producers, and agricultural-related businesses across the United States. As government-sponsored enterprises (GSEs), FFCBs issue debt securities in the capital markets to fund their operations, playing an essential role in ensuring a stable and reliable source of funding for the agricultural sector. While not explicitly guaranteed by the U.S. government, their strong implicit backing and integral role in the nation's financial infrastructure underpin their high credit quality. This particular bond, denominated in USD, carries a fixed annual interest rate of 3.7% and is structured to mature on July 26, 2034, offering a medium-term investment horizon. The total issue size for this bond stands at $75,000,000, with a minimum purchase increment set at $1,000, making it accessible to a range of institutional and individual investors. Interest payments are scheduled semi-annually, with a frequency of two payments per year, providing regular income to bondholders. As of recent market quotations, the bond is trading at 92.9145% of its par value, reflecting its current market valuation based on prevailing interest rates and investor demand. The bond's creditworthiness is further affirmed by robust ratings from leading agencies: it holds an AA+ rating from Standard & Poor's (S&P) and an Aa1 rating from Moody's, both indicative of a very strong capacity to meet financial commitments and low credit risk, positioning it as a high-grade asset for conservative investment portfolios.