...This Term Sheet relates to the Bonds described below and should be read in conjunction with the Federal Farm Credit Banks Consolidated Systemwide Bonds and Discount Notes Offering Circular dated December 8, 2014, as amended and supplemented (the "Offering Circular"). The Optional Principal Redemption Bonds described herein (the "Bonds") were sold to Cantor Fitzgerald & Co, Daiwa Capital Markets America Inc, INTL FCStone Partners L.P., Incapital LLC, Merrill Lynch, Pierce, Fenner & Smith Inc, Stifel, Nicolaus & Company Incorporated, SunTrust Robinson Humphrey Inc., Vining-Sparks IBG, Ltd. Partnership and Wells Fargo Securities, LLC (the "Dealers"), as principals, for resale to investors at varying prices according to prevailing market prices at the time of resale as determined by the Dealers. Terms set forth below unless otherwise defined have the meaning ascribed to them in the Offering Circular. The Bonds are continuously callable on any day on or after April 29, 2016 as described below...
