Published on 5/3/2011 in the Prospect News Agency Daily.
New Issue: FFCB prices $107 million four-year non-call 0.25-year callable bonds at 1.94%
New York, May 3 - Federal Farm Credit Banks priced $107 million of 1.94% four-year non-call 0.25-year callable bonds at par, according to the agency's web site.
The bonds will mature on May 18, 2015 and are callable beginning Aug. 18.
HSBC Securities (USA) Inc. and Merrill Lynch Pierce Fenner & Smith Inc. are the managers.
| Issuer: | Federal Farm Credit Banks
|
| Issue: | Callable bonds
|
| Amount: | $107 million
|
| Maturity: | May 18, 2015
|
| Coupon: | 1.94%
|
| Price: | Par
|
| Call: | Beginning Aug. 18
|
| Settlement date: | May 18
|
| Underwriters: | HSBC Securities (USA) Inc. and Merrill Lynch Pierce Fenner & Smith Inc.
|
| Cusip: | 31331KKL3
|
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