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Published on 6/22/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $167 million consolidated systemwide bonds at par

By Melissa Kory

Cleveland, June 22 - Federal Farm Credit Banks Funding Corp. announced it will redeem $167 million of its consolidated systemwide bonds.

The affected securities include:

• $45 million of 2.57% bonds due July 8, 2016 to be redeemed on July 8;

• $35 million of 2.42% bonds due March 29, 2016 to be redeemed on June 29;

• $37 million of 3.35% bonds due March 29, 2018 to be redeemed on June 29;

• $25 million of 2.9% bonds due March 29, 2017 to be redeemed on June 29; and

• $25 million of 3.4% bonds due April 5, 2018 to be redeemed on July 5.

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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