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Published on 1/20/2012 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $670 million of its consolidated systemwide bonds

By Tali David

Minneapolis, Jan. 20 - Federal Farm Credit Banks Funding Corp. will redeem $670 million of its consolidated systemwide bonds on Jan. 27, according to a news release.

The company called the following bonds at par:

• $299 million of 0.48% bonds due March 13, 2013; and

• $371 million of 0.48% bonds due April 18, 2013.

FFCB is a Jersey City-based network of borrower-owned lending institutions and specialized service organizations.


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