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Published on 5/27/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $437 million consolidated systemwide bonds at par

By Marisa Wong

Milwaukee, May 27 - Federal Farm Credit Banks Funding Corp. announced it will redeem $437 million 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:

• $7 million of 3.625% bonds due Dec. 22, 2016, to be redeemed June 7;

• $100 million of 3.05% bonds due March 23, 2015, to be redeemed June 7;

• $25 million of 3.3% bonds due Dec. 22, 2015, to be redeemed June 7;

• $38 million of 2.25% bonds due July 22, 2015, to be redeemed June 7;

• $210 million of 3.25% bonds due Nov. 17, 2015, to be redeemed June 7;

• $32 million of 3.625% bonds due Nov. 18, 2016, to be redeemed June 7; and

• $25 million of 3.09% bonds due Aug. 17, 2015, to be redeemed June 8.

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


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