FFCB to redeem $1.24 billion of consolidated systemwide bonds at par

By Ashley Montgomery

Kansas City, Kan., July 23 - Federal Farm Credit Banks Funding Corp. will redeem $1,238,000,000 of its consolidated systemwide bonds, according to a news release.

All of the bonds will be redeemed in whole at par.

The following bonds will be redeemed on July 27:

• $27 million of 1.55% bonds due July 27, 2015;

• $27 million of 4.35% bonds due July 27, 2026;

• $200 million of 2.04% bonds due July 27, 2016;

• $320 million of 0.51% bonds due Dec. 16, 2013;

• $15 million of 4% bonds due Feb. 21, 2042; and

• $50 million of 1.2% bonds due March 13, 2017.

The following bonds will be redeemed on July 30:

• $150 million of 1.5% bonds due Feb. 7, 2018;

• $52 million of 1.55% bonds due May 14, 2018.

• $20 million of 0.71% bonds due Sept. 1, 2015;

• $25 million of 0.94% bonds due March 8, 2016;

• $25 million of 0.95% bonds due April 18, 2016;

• $45 million of 1.6% bonds due April 23, 2018; and

• $40 million of 0.87% bonds due April 26, 2016.

The following bonds will be redeemed Aug. 2:

• $20 million of 2.9% bonds due Aug. 2, 2018.

The following bonds will be redeemed Aug. 3:

• $197 million of 1.67% bonds due Aug. 3, 2018.

The following bonds will be redeemed Aug. 6:

• $25 million of 2% bonds due Aug. 6, 2015.

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

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