Federal Farm Credit Banks to price five-year Designated Bonds Tuesday

By Angela McDaniels

Tacoma, Wash., Aug. 17 - Federal Farm Credit Banks Funding Corp. plans to price an issue of Designated Bonds due Sept. 22, 2014, according to an agency news release.

The issue size has not been determined, and the coupon was not specified in the release.

The bonds will be issued through the Federal Farm Credit Banks Consolidated Systemwide Bond Program.

Barclays Capital Inc., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. are the lead managers, with Goldman, Sachs & Co. as co-manager.

The bonds will price Tuesday and settle Friday.

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