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FFCB to redeem $400 million of consolidated systemwide bonds
By Tali David
Minneapolis, Oct. 26 - Federal Farm Credit Banks Funding Corp. announced the redemption of $400 million of consolidated systemwide bonds, according to a company release.
The bonds will be called at par.
On Nov. 2, it will redeem $200 million of its 0.35% notes due Oct. 2, 2012 and $10 million of its 4.2% notes due Aug. 2, 2024.
On Nov. 3, it will redeem $90 million of its 2.1% notes due Aug. 3, 2016.
On Nov. 4, FFCB will redeem $100 million of its 2.95% notes due May 5, 2015.
FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations
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