Bond National Agricultural Credit Banks 1.65% ( US3133ENMN75 ) in USD

Issuer	National Agricultural Credit Banks
Market price	94.4067 % ⇌
Country	United States
ISIN code	US3133ENMN75 ( in USD )
Interest rate	1.65% per year ( payment 2 times a year)
Maturity	27/01/2028
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Minimal amount	1 000 USD
Total amount	65 000 000 USD
Cusip	3133ENMN7
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	27/07/2026 ( In 168 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 detailed financial overview reveals the key characteristics of the Federal Farm Credit Banks (FFCB) bond, identified by ISIN US3133ENMN75 and CUSIP 3133ENMN7. The Federal Farm Credit Banks, a U.S. government-sponsored enterprise (GSE) domiciled in the United States, serves as a crucial provider of credit to the nation's agricultural sector and rural communities, lending significant implicit government backing to its debt instruments. This specific bond, denominated in USD, currently trades at a market price of 93.924% of its par value, offering investors a discount entry point. It features a coupon interest rate of 1.65% and is part of a total issuance size of USD 65,000,000, with a minimum purchase increment set at USD 1,000. The bond is set to mature on January 27, 2028, and provides semi-annual interest payments. Its exceptional credit quality is affirmed by top-tier ratings from leading agencies, with Standard & Poor's assigning an 'AA+' and Moody's a comparable 'Aa1', highlighting its status as a highly secure fixed-income investment.