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Published on 1/26/2012 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $1.81 billion of consolidated systemwide bonds at par

By Ashley Montgomery

Kansas City, Kan., Jan. 26 - Federal Farm Credit Banks Funding Corp. will redeem $1,809,000,000 of its federal farm credit banks consolidated systemwide bonds, the company announced in a news release.

The bonds are to be redeemed in whole at par on Feb. 2, 3 and 7.

The following bonds will be redeemed Feb. 2:

• $150 million of 2% bonds due Feb. 2, 2015;

• $125 million of 0.625% bonds due Jan. 24, 2014;

• $379 million of 0.69% bonds due May 23, 2014;

• $315 million of 0.35% bonds due Feb. 25, 2013;

• $335 million of 0.61% bonds due March 6, 2014; and

• $175 million of 0.69% bonds due June 2, 2014.

The following bonds will be redeemed Feb. 3:

• $135 million of 1.625% bonds due Oct. 3, 2016.

The following bonds will be redeemed Feb. 7:

• $195 million of 1.62% bonds due Nov. 7, 2016.

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


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