Farmer Mac has commenced a consent solicitation for holders of its LIBOR floating rate notes that mature after June 30, 2023, to adopt specified fallback rate provisions due to the discontinuation of LIBOR. The consent solicitation will expire at 5:00 p.m. New York City time on May 19, 2023.

CUSIPS: 3132X0BD2, 3132X0HN4, 3132X0KQ3, 3132X0QD6, 3132X0SL6, 3132X0TY7, 3132X0V32, 3132X0WH0
100% of all holders need to consent for consent to be accepted

This notice does not constitute an offer to sell or a solicitation of an offer to buy notes in the United States or any other jurisdiction.

Consent Solicitation Statement and other related documents should be directed to Farmer Mac at its address and telephone number below.

Federal Agricultural Mortgage Corporation
1999 K Street, N.W., 4th Floor | Washington, D.C. 20006
Telephone: 1-800-879-3276 | (202-872-7700 within the Washington, D.C. area)
Fax: 800-999-1814
Attention: Robert Owens  | rowens@farmermac.com


Farmer Mac’s Congressional charter authorizes Farmer Mac to issue debt securities and invest the proceeds into loan purchases, Farmer Mac Guaranteed Securities, and liquidity investment assets in accordance with policies established by its board of directors that comply with Farm Credit Administration’s Liquidity and Investment Regulations.

Farmer Mac’s debt obligations include discount notes and fixed and floating rate medium-term notes, including callable notes. Farmer Mac debt securities are not guaranteed by, and do not constitute debts or obligations of, Farm Credit Administration or the United States or any agency or instrumentality of the United States other than Farmer Mac. Farmer Mac is an institution of the Farm Credit System but is not liable for any debt or obligation of any other institution of the Farm Credit System. Likewise, neither the Farm Credit System nor any other individual institution of the Farm Credit System is liable for any debt or obligation of Farmer Mac

As an instrumentality of the United States and government-sponsored enterprise (“GSE”), Farmer Mac debt securities may carry privileges for certain holders. Farmer Mac debt issuances are underwritten by an approved dealer group and sold to a wide variety of GSE debt investors. Most Farmer Mac debt securities are maintained and transferred on the Federal Reserve book-entry; while the remaining are cleared through the Depository Trust Company.