Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 194

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 194
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426,273 3.42 %  Three years3,903,276 3.91 %  Four years2,540,026 4.40 %  Five years3,545,517 3.97 %Thereafter2,642,823 2.80 %  Total due after one year$19,057,915 3.67 %  Total principal net of discounts$29,204,490 3.61 %  Hedging adjustments(7,710)Total$29,196,780  December 31, 2024 Outstanding as of December 31Average Outstanding During the YearAmountWeighted- Average RateAmountWeighted- Average Rate  (dollars in thousands)Due within one year:    Discount notes$2,167,258 4.42 %$1,928,884 5.11 %Medium-term notes2,343,264 4.64 %1,000,290 5.28 %Current portion of medium-term notes5,927,101 3.20 % Total due within one year$10,437,623 3.77 %  Due after one year:    Medium-term notes due in:    Two years$4,844,538 2.66 %  Three years3,822,999 3.53 %  Four years2,732,980 4.13 %  Five years2,491,831 4.41 %Thereafter3,190,202 2.63 %  Total due after one year$17,082,550 3.34 %  Total principal net of discounts$27,520,173 3.51 %  Hedging adjustments(148,999)Total$27,371,174 

39

The maximum amount of Farmer Mac's discount notes outstanding at any month end during each of the nine months ended September 30, 2025 and 2024 was $2.1 billion and $2.3 billion, respectively.Callable medium-term notes give Farmer Mac the option to redeem the debt at par value on a specified call date or at any time on or after a specified call date. The following table summarizes by maturity date the amounts and costs for Farmer Mac debt callable in