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Published on 5/27/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $415 million consolidated systemwide bonds at par

By Melissa Kory

Cleveland, May 27 - Federal Farm Credit Banks Funding Corp. announced it will redeem $415 million of its consolidated systemwide bonds.

The affected securities include:

• $65 million of 1.375% bonds due March 20, 2014, to be redeemed on June 8;

• $100 million of 0.6% bonds due Oct. 4, 2012, to be redeemed on June 8;

• $50 million of 4.75% bonds due May 27, 2025, to be redeemed on June 8;

• $125 million of 1.375% bonds due Jan. 27, 2014, to be redeemed on June 6; and

• $75 million of 0.59% bonds due Sept. 7, 2012, to be redeemed on June 7.

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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