Bond National Agricultural Credit Banks 2.82% ( US3133ENLH17 ) in USD

Issuer National Agricultural Credit Banks
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US3133ENLH17 ( in USD )
Interest rate 2.82% per year ( payment 2 times a year)
Maturity 24/01/2042



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Minimal amount 1 000 USD
Total amount 75 000 000 USD
Cusip 3133ENLH1
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Next Coupon 24/07/2026 ( In 165 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 instrument, identified by ISIN US3133ENLH17 and CUSIP 3133ENLH1, has been observed in the market, originating from the Federal Farm Credit Banks. The Federal Farm Credit Banks constitute a nationwide network of borrower-owned lending institutions and specialized service organizations dedicated to providing credit and related services to farmers, ranchers, cooperatives, and rural utilities across the United States. As government-sponsored enterprises (GSEs) and instrumentalities of the U.S. government, their essential role in supporting American agriculture and rural communities inherently contributes to a high degree of credit quality. This specific bond, denominated in U.S. Dollars (USD), features a coupon interest rate of 2.82% and is currently trading at 100% of its face value. With a maturity date set for January 24, 2042, it offers investors a long-term exposure to the agricultural finance sector. The total issuance size for this bond series is $75,000,000, with a minimum purchase amount established at $1,000. Interest payments are structured on a semi-annual basis, consistent with a frequency of two payments per year. Further reinforcing its investment appeal, the bond carries robust credit ratings from leading agencies: an AA+ rating from Standard & Poor's (S&P) and an Aa1 rating from Moody's, both indicative of a very high capacity to meet financial commitments.