Bond National Agricultural Credit Banks 3.4% ( US3133ENVE75 ) in USD

Issuer	National Agricultural Credit Banks
Market price	100 % ▲
Country	United States
ISIN code	US3133ENVE75 ( in USD )
Interest rate	3.4% per year ( payment 2 times a year)
Maturity	25/04/2034
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Minimal amount	1 000 USD
Total amount	100 000 000 USD
Cusip	3133ENVE7
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aaa ( Prime - Investment-grade )
Next Coupon	25/04/2026 ( In 75 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. This analysis focuses on a specific bond issued by the Federal Farm Credit Banks, a cornerstone institution within the United States' Farm Credit System, which is a government-sponsored enterprise providing credit and financial services to the agricultural sector and rural communities across the nation. The institution's essential role in supporting American agriculture, coupled with its implicit backing by the U.S. government, underpins the exceptional credit quality of its debt instruments. The bond in question, identified by ISIN US3133ENVE75 and CUSIP 3133ENVE7, is a United States-issued obligation with a maturity date of April 25, 2034. It carries a fixed interest rate of 3.4%, with semi-annual coupon payments, denominated in U.S. Dollars. The current market price for this security stands at 100% of its face value. With a total issuance size of $100,000,000, this bond offers an accessible entry point for investors, requiring a minimum purchase of $1,000. Reflecting its robust financial standing and perceived low credit risk, the bond has garnered top-tier credit ratings: an AA+ from Standard & Poor's and an Aaa from Moody's, placing it among the highest-rated securities available in the fixed-income market.