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Published on 6/17/2011 in the Prospect News Agency Daily.

New Issue: FFCB prices $50 million one-year non-callable floaters at Fed Funds + 3 bps

New York, June 17 - Federal Farm Credit Banks priced $50 million of Fed Funds + 3 bps one-year non-callable floaters at par, according to the agency's web site.

The bonds will mature on June 27, 2012.

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

Issuer:Federal Farm Credit Banks
Issue:Floaters
Amount:$50 million
Maturity:June 27, 2012
Coupon:Fed Funds + 3 bps
Price:Par
Call:Non-callable
Settlement date:June 27
Underwriter:Merrill Lynch Pierce Fenner & Smith Inc.
Cusip:31331KPY0

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