Bond National Agricultural Credit Banks 2.77% ( US3133ENRX03 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ▲
Country	United States
ISIN code	US3133ENRX03 ( in USD )
Interest rate	2.77% per year ( payment 2 times a year)
Maturity	16/03/2037
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Minimal amount	1 000 USD
Total amount	50 000 000 USD
Cusip	3133ENRX0
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	16/03/2026 ( In 35 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 overview of the latest bond issuance by the Federal Farm Credit Banks reveals a robust fixed-income instrument with strong credit characteristics. This bond, identified by ISIN US3133ENRX03 and CUSIP 3133ENRX0, is denominated in U.S. Dollars (USD) and carries a coupon rate of 2.77%, with interest payments made semi-annually. The Federal Farm Credit Banks (FFCB) serve as a critical component of the U.S. financial landscape, operating as a government-sponsored enterprise (GSE) whose core mission is to provide a consistent and reliable source of credit to farmers, ranchers, agricultural cooperatives, and rural utilities across the United States. As a cooperative system, they are collectively owned by their borrowers and play a vital role in ensuring the stability and growth of the nation's agricultural sector, with their bonds often viewed as having an implicit government backing due to their GSE status. This specific offering has a total issuance size of $50,000,000, with a minimum purchase size set at $1,000, enhancing accessibility for various investor types. The bond is currently trading at 100% of its par value on the market and is set to mature on March 16, 2037, offering a long-term investment horizon. Reflecting the strong credit profile of the issuer, the bond has received exceptional credit ratings from leading agencies: Standard & Poor's (S&P) has assigned it an 'AA+' rating, while Moody's has rated it 'Aaa', underscoring the perceived low credit risk associated with the Federal Farm Credit Banks and positioning this bond as a highly secure investment vehicle in the fixed-income market.