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Published on 5/14/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $1.2 billion of consolidated systemwide bonds

By Marisa Wong

Milwaukee, May 14 - Federal Farm Credit Banks Funding Corp. announced it will redeem $1.2 billion of its consolidated systemwide bonds on May 25.

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

Affected are the following bonds:

• $332 million of 2.97% bonds due Dec. 1, 2014;

• $465 million of 2.97% bonds due Dec. 2, 2014;

• $378 million of 2% bonds due March 22, 2013; and

• $25 million of 2.98% bonds due Dec. 22, 2014.

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


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