Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 195

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 195
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2025 as of September 30, 2025:Table 7.2Debt Callable in 2025 as of September 30, 2025, by MaturityAmountWeighted-Average Rate(dollars in thousands)Maturity:2026$1,083,332 1.58 %2027659,736 2.37 %2028309,478 3.74 %2029205,731 3.81 %Thereafter1,318,391 2.48 % Total$3,576,668 2.37 %The following schedule summarizes the earliest interest rate reset date, or debt maturities, of total borrowings outstanding as of September 30, 2025, including callable and non-callable medium-term notes, assuming callable notes are redeemed at the initial call date:Table 7.3Earliest Interest Rate Reset Date, or Debt Maturities, of Borrowings OutstandingAmountWeighted-Average Rate  (dollars in thousands)Debt with interest rate resets, or debt maturities in:  2025$8,025,013 4.11 %20266,377,935 2.91 %20273,983,848 3.35 %20283,382,518 4.04 %20292,547,171 4.30 %Thereafter4,888,005 3.23 %Total principal net of discounts$29,204,490 3.61 %During the nine months ended September 30, 2025 and 2024, Farmer Mac called $1.7 billion and $1.2 billion of callable medium-term notes, respectively. Authority to Borrow from the U.S. TreasuryFarmer Mac's statutory charter authorizes it, upon satisfying certain conditions, to borrow up to $1.5 billion from the U.S. Treasury through the issuance of debt obligations to the U.S. Treasury. Any funds borrowed from the U.S. Treasury may be used solely to fulfill Farmer Mac's guarantee obligations. Any debt obligations issued by Farmer Mac under this authority would bear interest at a rate determined by the U.S. Treasury, taking into consideration the average rate on outstanding marketable obligations of the United States as of the last day of the last calendar month ending before the date of the purchase of the 

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