Obligation National Agricultural Credit Banks 1.5% ( US3133ELXQ22 ) en USD

National Agricultural Credit Banks

100 % ▲

Etas-Unis

US3133ELXQ22 ( en USD )

1.5% par an ( paiement semestriel )

30/04/2029

Prospectus brochure de l'obligation Federal Farm Credit Banks US3133ELXQ22 en USD 1.5%, échéance 30/04/2029

1 000 USD

40 000 000 USD

3133ELXQ2

AA+ ( Haute qualité )

Aaa ( Première qualité )

30/04/2026 ( Dans 80 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 US3133ELXQ22, paye un coupon de 1.5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 30/04/2029

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELXQ22, a été notée Aaa ( Première qualité ) par l'agence de notation Moody's.

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELXQ22, 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, Multi-
Bank Securities, Inc., Piper Sandler & Co. and Raymond James & Associates (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 April 30, 2021
as described below in "Redemption".
Principal Amount: $40,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: April 30, 2020
Maturity Date: April 30, 2029
Interest Rate: 1.500%
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 April 30 and October 30, beginning on October 30, 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 April 30, 2021, 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 XQ2

Cantor Fitzgerald & Co
Mizuho Securities USA LLC
Multi-Bank Securities, Inc.
Piper Sandler & Co.
Raymond James & Associates
The date of the Term Sheet is April 21, 2020.