Obligation National Agricultural Credit Banks 1.2% ( US3133ELZJ60 ) en USD

National Agricultural Credit Banks

100 % ▲

Etas-Unis

US3133ELZJ60 ( en USD )

1.2% par an ( paiement semestriel )

18/05/2028

Prospectus brochure de l'obligation Federal Farm Credit Banks US3133ELZJ60 en USD 1.2%, échéance 18/05/2028

1 000 USD

95 000 000 USD

3133ELZJ6

AA+ ( Haute qualité )

Aaa ( Première qualité )

18/05/2026 ( Dans 98 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 US3133ELZJ60, paye un coupon de 1.2% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 18/05/2028

L'Obligation émise par National Agricultural Credit Banks ( Etas-Unis ) , en USD, avec le code ISIN US3133ELZJ60, 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 US3133ELZJ60, 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 Daiwa Capital Markets America Inc, INTL FCStone Financial Inc. - BD Rates Division,
Incapital LLC, Stifel, Nicolaus & Company Incorporated, SunTrust Robinson Humphrey Inc. and Vining-Sparks IBG,
Ltd. Partnership (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
May 18, 2021 as described below in "Redemption".
Principal Amount: $95,000,000
Denomination: $1,000 and integral multiples of $1,000 in excess thereof
Issue Price: 100.000%
Issue Date & Settlement Date: May 18, 2020
Maturity Date: May 18, 2028
Interest Rate: 1.200%
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 18 and November 18, beginning on November 18, 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 May 18, 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: 0.275%
Selling Concession: 0.150%
CUSIP Number: 3133EL ZJ6

Daiwa Capital Markets America Inc
INTL FCStone Financial Inc. - BD Rates Division
Incapital LLC
Stifel, Nicolaus & Company Incorporated
SunTrust Robinson Humphrey Inc.
Vining-Sparks IBG, Ltd. Partnership
The date of the Term Sheet is May 7, 2020.