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Published on 5/9/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $705 million of consolidated systemwide bonds at par

By Melissa Kory

Cleveland, May 9 - Federal Farm Credit Banks Funding Corp. announced it will redeem $705 million of its consolidated systemwide bonds.

The bonds affected include:

• $95 million of 0.8% bonds due Dec. 21, 2012 to be redeemed on May 16;

• $30 million of 4.12% bonds due Dec. 22, 2020 to be redeemed on May 16;

• $255 million of 0.8% bonds due Dec. 17, 2012 to be redeemed on May 18;

• $155 million of 2.97% bonds due May 18, 2015 to be redeemed on May 18; and

• $170 million of 3.625% bonds due May 18, 2017 to be redeemed on May 18.

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

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


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