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FFCB to redeem $25 million consolidated systemwide bonds Nov. 1-3
By Tali David
Minneapolis, Oct. 21 - Federal Farm Credit Banks Funding Corp. announced the redemption of $25 million of consolidated systemwide bonds, according to a company news release.
The bonds will be called at par.
On Nov. 1, FFCB will redeem all $10 million of its 4.97% notes due Aug. 1, 2036.
On Nov. 3, the issuer will redeem all $15 million of its 4.47% notes due Aug. 3, 2026.
FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations.
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