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Published on 5/21/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $1.15 billion consolidated systemwide bonds at par

By Marisa Wong

Milwaukee, May 21 - Federal Farm Credit Banks Funding Corp. announced it will redeem about $1.15 billion of its consolidated systemwide bonds on June 2.

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

Affected are the following bonds:

• $12 million of 5% bonds due Oct. 28, 2024;

• $295 million of 3.2% bonds due June 2, 2015;

• $138 million of 3.18% bonds due June 22, 2015;

• $230 million of 5.05% bonds due Jan. 16, 2024;

• $373 million of 5% bonds due Jan. 22, 2024; and

• $100 million of 5.6% bonds due June 2, 2023.

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


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