FFCB sells $1.0 bln 3-yr designated bonds

NEW YORK, May 20 (BestGrowthStock) – The Federal Farm Credit Banks
Funding Corp said on Thursday it sold $1.0 billion of new
three-year designated bonds through the Federal Farm Credit
Banks Consolidated Systemwide Bond Program.

The 1.375 percent bonds will mature on June 25, 2013 and
were priced at 99.688 to yield 1.479 percent, or 31 basis
points over comparable U.S. Treasuries.

The joint lead managers on the sale were Bank of America
Merrill Lynch, JP Morgan and UBS.
Stock Investing

(Reporting by Caryn Trokie)

FFCB sells $1.0 bln 3-yr designated bonds