Bond National Agricultural Credit Banks 2.2% ( US3133ENPT19 ) in USD

Issuer	National Agricultural Credit Banks
Market price	98.0527 % ▼
Country	United States
ISIN code	US3133ENPT19 ( in USD )
Interest rate	2.2% per year ( payment 2 times a year)
Maturity	23/02/2027
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Minimal amount	1 000 USD
Total amount	25 000 000 USD
Cusip	3133ENPT1
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	23/02/2026 ( In 14 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. Investors are currently evaluating the fixed-income instrument issued by the Federal Farm Credit Banks, a government-sponsored enterprise playing a crucial role in providing credit and related services to farmers, ranchers, and rural communities across the United States. This particular bond, identified by ISIN US3133ENPT19 and CUSIP 3133ENPT1, represents a compelling opportunity within the U.S. fixed-income landscape. Carrying an attractive coupon rate of 2.2%, interest payments are structured for a frequency of two times per year, offering a predictable income stream until its maturity on February 23, 2027. The total size of this specific issue amounts to $25,000,000, with a minimum purchase increment set at $1,000, catering to a range of investor profiles. As of current market data, the bond is trading at 96.6652% of its par value, denominated in U.S. Dollars. Reflecting its strong credit quality, the bond holds an impressive AA+ rating from Standard & Poor's and an Aa1 rating from Moody's, underpinning its position as a robust option for investors seeking stability and creditworthiness.