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Farm Credit System Banks Announce First 3-Year Floating Rate Libor Indexed Designated Bond

JERSEY CITY, NJ, Feb. 20, 2014 – The Federal Farm Credit Banks Funding Corporation today announced it will offer a Floating-Rate Designated Bond to settle February 27, 2014. The $1 billion Floating-Rate Designated Bond will be issued through the Federal Farm Credit Banks Consolidated Systemwide Bond Program and will be indexed to 1-month LIBOR.

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