FFCB calls $1.24 billion consolidated systemwide bonds at par

By Melissa Kory

Cleveland, Aug. 15 - Federal Farm Credit Banks Funding Corp. announced it will redeem $1.239 billion of its consolidated systemwide bonds.

The affected securities include:

• $158 million of 0.55% bonds due Nov. 16, 2012, to be redeemed Aug. 22;

• $220 million of 1.85% bonds due June 3, 2015, to be redeemed Aug. 22;

• $55 million of 3.3% bonds due Dec. 2, 2019, to be redeemed Aug. 22;

• $75 million of 3.25% bonds due Sept. 27, 2019, to be redeemed Aug. 24;

• $150 million of 0.98% bonds due April 21, 2014, to be redeemed Aug. 24;

• $245 million of 0.73% bonds due July 25, 2013, to be redeemed Aug. 24;

• $95 million of 1% bonds due May 8, 2014, to be redeemed Aug. 22;

• $107 million of 1.94% bonds due May 18, 2015, to be redeemed Aug. 22;

• $74 million of 1.36% bonds due May 12, 2014, to be redeemed Aug. 22; and

• $60 million of 1.22% bonds due June 2, 2014, to be redeemed Aug. 22.

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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