FFCB to redeem $484 million of consolidated systemwide bonds Dec. 27

By Tali David

Minneapolis, Dec. 19 - Federal Farm Credit Banks Funding Corp. announced the upcoming redemption of $484 million of consolidated systemwide bonds.

According to a company news release, the following bonds will be redeemed at par on Dec. 27:

• $107 million of its 3.5% notes due Dec. 27, 2017;

• $210 million of its 1.84% notes due Deb. 22, 2017; and

• $167 million of its 3% notes due Dec. 7, 2020.

FFCB is a Jersey City-based network of borrower-owned lending institutions and specialized service organizations.

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