Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 203

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 203
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,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 

41

The maximum amount of Farmer Mac's discount notes outstanding at any month end during each of the six months ended June 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 2025 as of June 30, 2025:Table 7.2Debt Callable in 2025 as of June 30, 2025, by MaturityAmountWeighted-Average Rate(dollars in thousands)Maturity:2026$1,390,218 1.90 %2027769,600 2.55 %2028381,423 3.29 %2029268,631 3.85 %Thereafter1,792,514 2.18 % Total$4,602,386 2.35 %The following schedule summarizes the earliest interest rate reset date, or debt maturities, of total borrowings outstanding as of June 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 m