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Published on 3/15/2011 in the Prospect News Agency Daily.

New Issue: FFCB prices $371 million two-year non-call 0.25-year callable bonds at 0.75%

New York, March 15 - Federal Farm Credit Banks priced $371 million of 0.75% two-year non-call 0.25-year callable bonds at par, according to the agency's web site.

The bonds will mature on March 22, 2013 and are callable beginning June 22.

Merrill Lynch Pierce Fenner & Smith Inc. is the manager.

Issuer:Federal Farm Credit Banks
Issue:Callable bonds
Amount:$371 million
Maturity:March 22, 2013
Coupon:0.75%
Price:Par
Call:Beginning June 22
Settlement date:March 22
Underwriter:Merrill Lynch Pierce Fenner & Smith Inc.
Cusip:31331KEY2

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