FFCB calls $1.48 billion consolidated systemwide bonds at par

By Melissa Kory

Cleveland, Aug. 11 - Federal Farm Credit Banks Funding Corp. announced it will redeem $1.478 billion of its consolidated systemwide bonds.

The affected securities include:

• $75 million of 2.75% bonds due Dec. 1, 2017, to be redeemed Aug. 18;

• $135 million of 2.47% bonds due Sept. 7, 2017, to be redeemed Aug. 22;

• $259 million of 2.12% bonds due Sept. 8, 2016, to be redeemed Aug. 22;

• $240 million of 2.05% bonds due Dec. 21, 2015, to be redeemed Aug. 22;

• $50 million of 2.49% bonds due March 28, 2017, to be redeemed Aug. 22;

• $110 million of 1.23% bonds due Nov. 4, 2014, to be redeemed Aug. 18;

• $206 million of 2.52% bonds due Nov. 24, 2017, to be redeemed Aug. 22;

• $318 million of 1.98% bonds due Nov. 24, 2015, to be redeemed Aug. 22; and

• $85 million of 2.79% bonds due Feb. 16, 2017, to be redeemed Aug. 19.

FFCB said in a news release that the bonds will be called in whole at par.

Questions may be directed to the Finance Department at 201 200-8030.

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