Obligation National Agricultural Credit Banks 2.2% ( US3133ELAT18 ) en USD

National Agricultural Credit Banks

93.7417 % ⇌

Etas-Unis

US3133ELAT18 ( en USD )

2.2% par an ( paiement semestriel )

26/11/2029

Prospectus brochure de l'obligation Federal Farm Credit Banks US3133ELAT18 en USD 2.2%, échéance 26/11/2029

1 000 USD

80 000 000 USD

3133ELAT1

AA+ ( Haute qualité )

Aa1 ( Haute qualité )

26/05/2026 ( Dans 106 jours )

Les Federal Farm Credit Banks sont un système coopératif américain fournissant des services financiers aux agriculteurs, aux coopératives agricoles et aux entreprises liées à l'agriculture.

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELAT18, paye un coupon de 2.2% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 26/11/2029

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELAT18, a été notée Aa1 ( Haute qualité ) par l'agence de notation Moody's.

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELAT18, a été notée AA+ ( Haute qualité ) par l'agence de notation Standard & Poor's ( S&P ).

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 Cantor Fitzgerald & Co, Mizuho Securities
USA LLC, Piper Jaffray & Co., Raymond James & Associates and Robert W. Baird & Co. Incorporated
(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 November 26, 2024 as described below in "Redemption".
Principal Amount: $80,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: November 26, 2019
Maturity Date: November 26, 2029
Interest Rate: 2.200%
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 26 and November 26, beginning on May 26, 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 November 26, 2024, 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: 0.150%
CUSIP Number: 3133EL AT1

Cantor Fitzgerald & Co
Mizuho Securities USA LLC
Piper Jaffray & Co.
Raymond James & Associates
Robert W. Baird & Co. Incorporated

The date of the Term Sheet is November 18, 2019.