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National Rural to redeem $450 million of 2.4% collateral trust bonds
By Rebecca Melvin
Concord, N.H., Feb. 23 – National Rural Utilities Cooperative Finance Corp. plans to redeem all $450 million of its 2.4% collateral trust bonds due April 25, 2022 (Cusip: 637432NM3) on March 25, according to an 8-K filing with the Securities and Exchange Commission.
The bonds will be redeemed at par plus interest using cash on hand.
The market lender for electric cooperatives is based in Dulles, Va.
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