Obbligazione National Agricultural Credit Banks 2.625% ( US3133EKWK87 ) in USD

National Agricultural Credit Banks

96.4 USD ▼

Stati Uniti

US3133EKWK87 ( in USD )

2.625% per anno ( pagato 2 volte l'anno)

25/07/2029

Prospetto opuscolo dell'obbligazione Federal Farm Credit Banks US3133EKWK87 en USD 2.625%, scadenza 25/07/2029

1 000 USD

100 000 000 USD

3133EKWK8

AA+ ( High grade - Investment-grade )

Aa1 ( High grade - Investment-grade )

25/07/2026 ( In 166 giorni )

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.

L'obbligazione con codice ISIN US3133EKWK87 e CUSIP 3133EKWK8, emessa dalle Federal Farm Credit Banks, un'entità finanziaria federale statunitense con sede negli Stati Uniti d'America incaricata di supportare il settore agricolo attraverso l'erogazione di credito e le cui emissioni godono di un elevato standing creditizio dovuto alla loro natura di agenzia governativa patrocinata, presenta un tasso di interesse nominale del 2.625% e una scadenza fissata al 25 luglio 2029, con pagamenti cedolari a frequenza semestrale, denominata in USD per un ammontare totale dell'emissione pari a 100.000.000, con un taglio minimo di acquisto di 1.000; il suo prezzo attuale sul mercato si attesta al 93.351% e gode di eccellenti rating creditizi, pari ad AA+ da Standard & Poor's e Aa1 da Moody's, riflettendo la percezione di bassa rischiosità associata a questo emittente quasi-sovrano.

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
December 8, 2014, as amended and supplemented (the "Offering Circular"). The Optional Principal
Redemption Bonds described herein (the "Bonds") were sold to Barclays Capital Inc., Citigroup Global
Markets Inc. and Wells Fargo Securities, LLC (the "Dealers"), as principals, for resale to investors at
varying prices according to prevailing market prices at the time of resale as determined by the Dealers.
Terms set forth below unless otherwise defined have the meaning ascribed to them in the Offering Circular.
The Bonds are continuously callable on any day on or after July 25, 2022 as described below in
"Redemption".
Principal Amount: $100,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: July 25, 2019
Maturity Date: July 25, 2029
Interest Rate: 2.625%
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 January 25 and July 25, beginning on January 25, 2020, and the Maturity
Date
Redemption: The Bonds may be redeemed, at the Banks' option, by the Funding Corporation, as agent for
the Banks, in whole or in part, on any day on or after July 25, 2022, together with interest
accrued but unpaid, from and including the most recent date on which interest has been paid,
to but excluding the date on which such Bonds are to be redeemed (each such date on which
the Bonds are to be redeemed, a "Redemption Date") at a redemption price, after payment of
interest due on such Redemption Date, of 100% of the principal amount thereof to be
redeemed. In the event of a partial redemption, a pro rata portion of the outstanding
principal amount of each Bond will be redeemed. Notice of redemption shall not be less
than 5 Business Days prior to the Redemption Date.
Reopenings: The outstanding principal amount of this issue may be increased from time to time.
Underwriting Concession: 0.300%
Selling Concession: 0.125%
CUSIP Number: 3133EK WK8

Barclays Capital Inc.
Citigroup Global Markets Inc.
Wells Fargo Securities, LLC

The date of the Term Sheet is July 17, 2019.