FFCB to redeem $1 billion of consolidated systemwide bonds at par

By Marisa Wong

Milwaukee, March 4 - Federal Farm Credit Banks Funding Corp. announced it will redeem $1.007 billion of its consolidated systemwide bonds.

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

Affected are the following bonds:

• $25 million of 5.3% bonds due March 12, 2014, to be redeemed March 12;

• $60 million of 4.95% bonds due March 12, 2018, to be redeemed March 12;

• $75 million of 3.85% bonds due March 12, 2013, to be redeemed March 12;

• $160 million of 2.55% bonds due Nov. 25, 2013, to be redeemed March 15;

• $242 million of 3.45% bonds due Dec. 8, 2015, to be redeemed March 15;

• $205 million of 0.54% bonds due Sept. 15, 2010, to be redeemed March 15; and

• $240 million of 3.45% bonds due Oct. 22, 2015, to be redeemed March 15.

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

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