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Published on 5/13/2011 in the Prospect News Agency Daily.

New Issue: FFCB prices $41 million 10-year non-call two-year callable bonds at 3.85%

New York, May 13 - Federal Farm Credit Banks priced $41 million of 3.85% 10-year non-call two-year callable bonds at par, according to the agency's web site.

The bonds will mature on May 20, 2021 and are callable beginning May 20, 2013.

Barclays Capital Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. are the managers.

Issuer:Federal Farm Credit Banks
Issue:Callable bonds
Amount:$41 million
Maturity:May 20, 2021
Coupon:3.85%
Price:Par
Call:Beginning May 20, 2013
Settlement date:May 20
Underwriters:Barclays Capital Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc.
Cusip:31331KLM0

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