FFCB to redeem $160 million systemwide bonds at par in September

By Devika Patel

Knoxville, Tenn., Aug. 24 - Federal Farm Credit Banks Funding Corp. said it will redeem $160 million of its Federal Farm Credit Banks Consolidated Systemwide Bonds at par.

Affected bonds include $50 million of the company's 3.45% bonds due 2010 (31331G AF6) to be called on Sept. 2; its $20 million of 4.25% bonds due 2012 (31331G AP4) to be called on Sept. 4; its $15 million of 4.35% bonds due 2013 (31331G BG3) to be called on Sept. 11; its $10 million of 5.35% bonds due 2012 (31331X 2A9) to be called on Sept. 4; its $15 million of 5.25% bonds due 2011 (31331X 2L5) to be called on Sept. 14; and its $50 million of 5.25% bonds due 2012 (31331X 2Z4), which will be called on Sept. 14.

Holders may contact the finance department at 201 200-8030.

The financier is based in Jersey City, N.J.

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