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Published on 3/17/2011 in the Prospect News Agency Daily.

New Issue: FFCB prices $100 million five-year non-call 1.5-year callable bonds at 2.44%

New York, March 17 - Federal Farm Credit Banks priced $100 million of 2.44% five-year non-call 1.5-year callable bonds at par, according to the agency's web site.

The bonds will mature on March 24, 2016 and are callable beginning Sept. 24, 2012.

Citigroup Global Markets and First Tennessee Bank NA are the managers.

Issuer:Federal Farm Credit Banks
Issue:Callable bonds
Amount:$100 million
Maturity:March 24, 2016
Coupon:2.44%
Price:Par
Call:Beginning Sept. 24, 2012
Settlement date:March 24
Underwriters:Citigroup Global Markets and First Tennessee Bank NA
Cusip:31331KFK1

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