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Published on 10/25/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls consolidated systemwide bonds totaling $297 million at par

By Melissa Kory

Cleveland, Oct. 25 - Federal Farm Credit Banks Funding Corp. announced it will redeem $297 million of its consolidated systemwide bonds.

FFCB said in a news release that the bonds will be called in whole at par.

To be redeemed are the following bonds:

• $50 million of 2.375% bonds due May 3, 2016, to be redeemed on Nov. 3;

• $64 million of 2.7% bonds due May 3, 2017, to be redeemed on Nov. 3;

• $125 million of 0.74% bonds due Aug. 3, 2012, to be redeemed on Nov. 3; and

• $58 million of 2.77% bonds due Aug. 4, 2017, to be redeemed on Nov. 4.

Questions may be directed to the Finance Department at 201 200-8030.


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