Bond National Agricultural Credit Banks 3.125% ( US3133ENXR60 ) in USD

Issuer	National Agricultural Credit Banks
Market price	101.172 % ⇌
Country	United States
ISIN code	US3133ENXR60 ( in USD )
Interest rate	3.125% per year ( payment 2 times a year)
Maturity	26/11/2029
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Minimal amount	1 000 USD
Total amount	30 000 000 USD
Cusip	3133ENXR6
Standard & Poor's ( S&P ) rating	AA+ ( High grade - Investment-grade )
Moody's rating	Aa1 ( High grade - Investment-grade )
Next Coupon	26/05/2026 ( In 106 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. An analysis of a recent fixed-income instrument issued by the Federal Farm Credit Banks highlights a robust bond offering, identified by ISIN US3133ENXR60 and CUSIP 3133ENXR6. The issuer, Federal Farm Credit Banks, is a vital government-sponsored enterprise (GSE) within the United States, established to fulfill the distinct financing requirements of agricultural and rural communities. Through its comprehensive range of credit and related services, the institution plays a critical role in supporting farmers, ranchers, and various rural businesses, thereby ensuring the availability of essential capital for the nation's food and fiber production sectors. Operating under a congressional charter, Federal Farm Credit Banks are fundamental to maintaining a stable and reliable source of funding for agriculture and rural infrastructure, contributing significantly to the U.S. economy and lending considerable implicit backing to their financial issuances in the fixed-income market. This particular bond, originating from the United States, features a competitive annual interest rate of 3.125% and is denominated in US Dollars (USD). Its structure promises semi-annual interest payments, aligning with a payment frequency of two times per year, and is slated for maturity on November 26, 2029, offering a clear medium-term investment horizon. The total size of this bond issuance stands at USD 30,000,000, providing ample market depth, while its current market price is quoted at 101.172% of its par value. Prospective investors can acquire this instrument with a minimum purchase size of USD 1,000, ensuring broad accessibility. The bond's strong credit profile is further affirmed by its impressive ratings from major agencies: Standard & Poor's (S&P) has assigned an AA+ rating, and Moody's has provided an Aa1 rating, both signifying high credit quality and a strong capacity for the issuer to meet its financial commitments, thereby positioning this bond as a stable and attractive option within the investment landscape.