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FFCB calls $364 million of consolidated systemwide bonds on Dec. 21
By Tali David
Minneapolis, Dec. 14 - Federal Farm Credit Banks Funding Corp. announced the redemption of $364 million of consolidated systemwide bonds, according to a news release.
FFCB will redeem the following bonds at par on Dec. 21:
• $102 million of its 4% notes due Dec. 21, 2020;
• $122 million of its 2.48% notes due Dec. 21, 2015;
• $125 million of its 2.8% notes due Aug. 22, 2019; and
• $15 million of its 5% notes due Dec. 27, 2013.
FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations.
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