FFCB to sell new 5-yr designated bond this week

Mon Apr 13, 2009 9:43pm IST

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NEW YORK, April 13 (Reuters) - The Federal Farm Credit Banks Funding Corp (FFCB) said on Monday its plans to sell new five-year designated bonds through the Federal Farm Credit Banks Consolidated Systemwide Bond Program on Tuesday.

The bonds mature on April 17, 2014 and the size has yet to be determined, FFCB said in a press release.

FFCB hired Barclays Capital, JP Morgan and Morgan Stanley to manage the sale. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

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