Bond National Agricultural Credit Banks 4.125% ( US3133ENK823 ) in USD
| Issuer | National Agricultural Credit Banks |
| Market price | 100 % ▲ |
| Country | United States
|
| ISIN code |
US3133ENK823 ( in USD )
|
| Interest rate | 4.125% per year ( payment 2 times a year) |
| Maturity | 12/12/2025 - Bond has expired |
|
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 | 300 000 000 USD |
| Cusip | 3133ENK82 |
| Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) |
| Moody's rating | Aaa ( Prime - Investment-grade ) |
| 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. Investors are currently evaluating a noteworthy bond issuance from the Federal Farm Credit Banks (FFCB), a prominent government-sponsored enterprise (GSE) within the United States' financial landscape. The Federal Farm Credit Banks operate as a crucial component of the nation's agricultural and rural financial infrastructure, comprising a nationwide network of borrower-owned financial institutions whose primary mission is to provide dependable credit and related services to farmers, ranchers, agricultural cooperatives, and rural utility systems. While FFCB debt obligations are not direct obligations of the U.S. government and are not explicitly guaranteed by its full faith and credit, they are widely perceived as carrying an exceptionally low credit risk due to their statutory mission, comprehensive oversight by the Farm Credit Administration, and their systemic importance to the American agricultural economy. The specific bond under consideration, identified by ISIN US3133ENK823 and CUSIP 3133ENK82, is denominated in U.S. Dollars (USD) and features an attractive fixed interest rate, or coupon, of 4.125%, with interest payments distributed semi-annually to bondholders. This security has a defined maturity date of December 12, 2025, offering a clear time horizon for investors. The total issue size for this bond is substantial at $300,000,000, indicating significant market liquidity, yet it remains accessible to a broad range of investors with a minimum purchase size set at $1,000. Currently trading at its par value of 100% on the market, it reflects a stable valuation. The bond's exceptional credit quality is further reinforced by its robust ratings from leading independent agencies, with Standard & Poor's (S&P) assigning an 'AA+' rating and Moody's awarding its highest possible rating of 'Aaa', both signifying an extremely strong capacity to meet financial commitments and minimal credit risk. Originating from the United States, this bond offers a compelling combination of strong issuer backing, attractive yield, and a relatively short-term maturity, positioning it as a potentially stable component within a diversified fixed-income portfolio. |
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