Farm Credit Designated Bonds are high credit quality, liquid, non-callable securities. New issues of Designated Bonds are $1 billion or larger and are generally included in the Barclays Aggregate Index. Designated Bonds will be offered periodically. Designated Bonds typically have a two to ten year original maturity and are offered through a syndicate of two to six Bond Dealers. Designated Bonds offer a viable alternative to comparable U.S. Treasuries with the potential for yield enhancement. They also offer portfolio diversification opportunities.