Filed pursuant to Rule 433
Registration No. 333-121401
| FINAL TERM SHEET | |
| Dated February 7, 2006 | |
| Issuer: | Landwirtschaftliche Rentenbank |
| Title of securities: | $1,250,000,000 4.875% Notes due 2011 |
| Status of the notes: | The notes will constitute senior, unsecured |
| obligations of the Issuer and rank pari passu | |
| with all other senior obligations outstanding | |
| Aggregate principal amount: | U.S.$1.25 billion |
| Denomination: | U.S.$1,000 |
| Settlement date: | February 14, 2006 |
| Maturity date | February 14, 2011 |
| Interest: | 4.875% per annum, accruing from settlement |
| date, on a 30/360 day count basis, following | |
| unadjusted business day convention | |
| Business Days: | TARGET, New York |
| Interest payment dates: | Every February 14 and August 14 of each year, commencing |
| August 14, 2006 | |
| Redemption price: | 100% |
| Issue price: | 99.956% |
| Fees: | 0.10% |
| Net proceeds: | U.S.$1,248,200,000 |
| CUSIP: | 515110 AR 5 |
| Joint Lead Managers | Morgan Stanley & Co. International Limited |
| Nomura International plc. | |
| Royal Bank of Canada Europe Limited | |
| Co-lead Managers | Goldmann Sachs International |
| Mitsubishi UFJ Securities International plc | |
| Mizuho International plc | |
| The Royal Bank of Scotland plc | |
| The Toronto-Dominion Bank | |
| Listing | SWX Swiss Exchange |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov (and more specifically, at the URL link http://www.sec.gov/cgi-bin/browse-edgar?company=Landwirtschaftliche&CIK=&filenum=&State=&SIC=&owner=include& action=getcompany). Alternatively, any Manager participating in the offering will arrange to send you the prospectus, which you may request by calling toll-free +1 -866-718-1649.