Obbligazione National Agricultural Credit Banks 5.75% ( US31331VYY63 ) in USD

Emittente National Agricultural Credit Banks
Prezzo di mercato refresh price now   100 USD  ▼ 
Paese  Stati Uniti
Codice isin  US31331VYY63 ( in USD )
Tasso d'interesse 5.75% per anno ( pagato 2 volte l'anno)
Scadenza 11/05/2026



Prospetto opuscolo dell'obbligazione Federal Farm Credit Banks US31331VYY63 en USD 5.75%, scadenza 11/05/2026


Importo minimo 1 000 USD
Importo totale 30 000 000 USD
Cusip 31331VYY6
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aaa ( Prime - Investment-grade )
Coupon successivo 11/05/2026 ( In 91 giorni )
Descrizione dettagliata Le Federal Farm Credit Banks sono un sistema di banche cooperative statunitensi che forniscono finanziamenti e servizi finanziari alle aziende agricole e alle cooperative agricole.

Le Federal Farm Credit Banks ha emesso un'obbligazione (ISIN: US31331VYY63, CUSIP: 31331VYY6) denominata in USD, con un valore nominale di 30.000.000 di dollari, cedola semestrale al 5,75%, scadenza 11/05/2026, quota minima di 1.000 dollari, attualmente negoziata al 100% e con rating S&P AA+ e Moody's Aaa.







TERM SHEET

Federal Farm Credit Banks
Consolidated Systemwide
Bonds

This Term Sheet relates to the Bonds described below and should be read in conjunction with the Federal
Farm Credit Banks Consolidated Systemwide Bonds and Discount Notes Offering Circular, dated June 18,
1999, as amended and supplemented by the Offering Circular Supplements dated August 20, 2001 and
November 26, 2003 (the "Offering Circular"). The Fixed Rate Bonds described herein (the "Bonds") were
sold to Morgan Stanley & Co. Incorporated (the "Dealer"), as principal, for resale to investors at varying
prices according to prevailing market prices at the time of resale as determined by the Dealer. Terms set
forth below unless otherwise defined have the meaning ascribed to them in the Offering Circular.
Principal Amount: $30,000,000
Denomination: $5,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: May 11, 2006
Maturity Date: May 11, 2026
Interest Rate: 5.750%
Day Count Basis: Interest shall be computed on the basis of a 360-day year consisting of twelve 30-day
months.
Interest Payment Dates: Each May 11 and November 11, beginning on November 11, 2006, and the
Maturity Date
Redemption: The Bonds are not subject to redemption prior to the Maturity Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.35297%
Selling Concession: 0.000%
CUSIP Number: 31331V YY6

Backup Withholding and Information Reporting
The Jobs and Growth Tax Relief Reconciliation Act of 2003 lowered the backup withholding tax rate to
28%, effective January 1, 2003.
DISTRIBUTION
Morgan Stanley maintains two separate broker-dealer entities. Offerings are underwritten by Morgan
Stanley & Co. Incorporated and distributed by both Morgan Stanley & Co. Incorporated and Morgan
Stanley DW Inc.

Morgan Stanley

The date of the Term Sheet is May 3, 2006.