...DESCRIPTION OF THE NOTES Principal Amount: $5,000,000 Closing Date: April 30, 2015 Maturity Date: April 30, 2018 Interest Rate: 1.12% per annum Payment of Interest: Semi-annually, in arrears, on each April 30 and October 30, beginning October 30, 2015. If the Notes are redeemed before the Maturity Date, accrued interest will be paid upon redemption. Payment of Principal: At maturity or upon redemption Optional Redemption: The Notes are redeemable semi-annually at the option of Farmer Mac on the 30th of any April or October, beginning April 30, 2016, at 100% of the principal amount of the Notes plus any accrued interest. In the case of a partial redemption, Farmer Mac will redeem a pro rata portion of each outstanding Note. See "Description of the Notes-- Medium-Term Notes--Redemption and Optional Repayment" in the Offering Circular. Form of the Notes: The Notes will be issued, held and transferable through the Fed System. Minimum Principal Amounts: Notes will be issued and must be maintained...
