FFCB calls $455 million of its consolidated systemwide bonds at par

By Tali David

Minneapolis, Aug. 27 - Federal Farm Credit Banks Funding Corp. announced the redemption of $455 million of its consolidated systemwide bonds, according to a news release.

The following bonds will be redeemed at par plus accrued interest:

• $100 million of 0.78% bonds due Nov. 23, 2015, to be redeemed on Sept. 4;

• $120 million of 1.22% bonds due Aug. 14, 2017, to be redeemed on Sept. 4;

• $155 million of 1.32% bonds due Dec. 7, 2017, to be redeemed on Sept. 7; and

• $80 million of 1.79% bonds due June 7, 2019, to be redeemed on Sept. 7.

FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations.

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