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Published on 8/5/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB calls $1.06 billion of consolidated systemwide bonds at par

By Marisa Wong

Madison, Wis., Aug. 5 - Federal Farm Credit Banks Funding Corp. announced that it will redeem $1,064,000,000 of its consolidated systemwide bonds.

The affected securities include:

• $30 million of 3.25% bonds due Dec. 10, 2018, to be redeemed on Aug. 12;

• $295 million of 1.75% bonds due March 16, 2015, to be redeemed on Aug. 16;

• $65 million of 3.24% bonds due June 28, 2019, to be redeemed on Aug. 16;

• $67 million of 2.75% bonds due Sept. 27, 2017, to be redeemed on Aug. 16;

• $100 million of 3.625% bonds due July 21, 2020, to be redeemed on Aug. 16;

• $67 million of 3.5% bonds due July 21, 2020, to be redeemed on Aug. 16;

• $125 million of 3% bonds due Aug. 3, 2018, to be redeemed on Aug. 16;

• $25 million of 2.14% bonds due Aug. 26, 2016, to be redeemed on Aug. 16; and

• $290 million of 1.8% bonds due Feb. 5, 2015, to be redeemed on Aug. 12.

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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