|
America, acting through the Farmer, Home Administration, U.S.
<br />Department of Agriculture (the "Government"), shall be payable
<br />at "Finance Office, U.S. Department of Agriculture, Farmers
<br />Home Administration, 1520 Market Street, St. Louis, Missouri
<br />63103," or at such other places as the Government shall from
<br />time to time in writing designate to the Issuer.
<br />2.04 Provisions for Redemption. Bonds maturing on
<br />or before September 1, 1990, are not subject to redemption
<br />prior to their respective stated dates of maturity. Bonds which
<br />shall mature September 1, 1991, and thereafter shall, at the option
<br />of the Issuer, be redeemable in whole or in part, in inverse num-
<br />erical and maturity order, on September 1, 1990, or on any interest
<br />payment date thereafter, at par and accrued interest, plus the
<br />following premiums, expressed as percentages of the par value of the
<br />Bonds so redeemed, if redeemed in the following years:
<br />5%, if redeemed on September 1, 1990, or thereafter,
<br />to and including September 1, 1993;
<br />4%, if redeemed on September 1, 1994, or thereafter,
<br />to and including September 1, 1997;
<br />3%, if redeemed on September 1, 1998, or thereafter,
<br />to and including September 1, 2001;
<br />28, if redeemed on September 1, 2002, or thereafter,
<br />to and including September 1, 2005;
<br />1%, if redeemed on September 1, 2006, or thereafter,
<br />to and including September 1, 2009;
<br />Without premium, if redeemed September 1, 2010, or
<br />thereafter, but prior to maturity;
<br />provided, however, that at least thirty (30) days prior to the
<br />redemption date written notice of such redemption shall be
<br />given to the paying agents for the Bonds and to each of the
<br />registered owners at their respective addresses as they appear
<br />upon the registration books of the Clerk and shall. be published
<br />at least once in a financial newspaper published in the city of
<br />New York, New York. Bonds held by the Government- may be redeemed
<br />by the Issuer on any interest payment date prior to maturity at
<br />the price of par and accrued interest, without premium.
<br />-5-
<br />
|