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FFCB to redeem $670 million consolidated systemwide bonds Nov. 10-15
By Tali David
Minneapolis, Oct. 28 - Federal Farm Credit Banks Funding Corp. announced the redemption of $670 million of consolidated systemwide bonds, according to a news release.
The following notes will be called at par:
• $335 million of its 1.05% notes due Nov. 10, 2014 to be called on Nov. 10;
• $195 million of its 1.98% notes due Nov. 15, 2016 to be called on Nov. 15; and
• $140 million of its 2.6% notes due Feb. 15, 2018 to be called on Nov. 15.
FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations.
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