FFCB redeems $240 million consolidated systemwide bonds on Nov. 9

By Tali David

Minneapolis, Nov. 2 - Federal Farm Credit Banks Funding Corp. announced the redemption of $240 million of consolidated systemwide bonds, according to a company news release.

The following notes will be called at par on Nov. 9:

• $100 million of its 2.62% notes due Nov. 1, 2018; and

• $140 million of its 1.6% notes due Nov. 9, 2015.

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

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