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Published on 8/3/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $1.19 billion of consolidated systemwide bonds at par

By Marisa Wong

Madison, Wis., Aug. 3 - Federal Farm Credit Banks Funding Corp. announced that it will redeem $1,188,000,000 of its consolidated systemwide bonds.

The affected securities include:

• $25 million of 3.25% bonds due Aug. 11, 2014, to be redeemed on Aug. 16;

• $110 million of 1.6% bonds due Dec. 1, 2014, to be redeemed on Aug. 10;

• $165 million of 1.875% bonds due Sept. 14, 2015, to be redeemed on Aug. 12;

• $115 million of 1.98% bonds due Sept. 29, 2015, to be redeemed on Aug. 12;

• $200 million of 1.45% bonds due Nov. 26, 2014, to be redeemed on Aug. 12;

• $220 million of 1.85% bonds due Aug. 24, 2015, to be redeemed on Aug. 12;

• $278 million of 1.2% bonds due Feb. 11, 2014, to be redeemed on Aug. 11; and

• $75 million of 2.25% bonds due Feb. 11, 2016, to be redeemed on Aug. 11.

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

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


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