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Published on 1/18/2012 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $1.89 billion of consolidated systemwide bonds at par

By Ashley Montgomery

Kansas City, Kan., Jan. 18 - Federal Farm Credit Banks Funding Corp. will redeem $1,887,000,000 of consolidated systemwide bonds, the company announced in a news release.

The bonds are to be redeemed in whole at par on Jan. 25, 26 and 27.

The following bonds will be redeemed Jan. 25:

• $58 million of 3.35% bonds due Jan. 25, 2018;

• $50 million of 1.83% bonds due Oct. 12, 2017;

• $100 million of 0.38% bonds due Jan. 18, 2013;

• $303 million of 0.74% bonds due Feb. 10, 2014;

• $480 million of 0.75% bonds due Aug. 25, 2014;

• $342 million of 1.05% bonds due May 22, 2015;

• $226 million of 0.85% bonds due Nov. 25, 2014; and

• $130 million of 2% bonds due March 14, 2018.

The following bonds will be redeemed Jan. 26:

• $160 million of 0.99% bonds due Jan. 26, 2015;

The following bonds will be redeemed Jan. 27:

• $25 million of 4.25% bonds due Jan. 27, 2020; and

• $13 million of 0.75% bonds due July 24, 2014.

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


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