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Published on 3/9/2011 in the Prospect News Agency Daily.

New Issue: FFCB prices $42 million three-year non-call 0.25-year callable bonds at 1.55%

New York, March 9 - Federal Farm Credit Banks priced $42 million of 1.55% three-year non-call 0.25-year callable bonds at par, according to the agency's web site.

The bonds will mature on March 17, 2014 and are callable beginning June 17.

Merrill Lynch Pierce Fenner & Smith Inc. is the manager.

Issuer:Federal Farm Credit Banks
Issue:Callable bonds
Amount:$42 million
Maturity:March 17, 2014
Coupon:1.55%
Price:Par
Call:Beginning June 17
Settlement date:March 17
Underwriter:Merrill Lynch Pierce Fenner & Smith Inc.
Cusip:31331KEE6

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