Filed pursuant to Rule 433
Registration No. 333-121401
FINAL TERM SHEET
Dated February 17, 2006
| Issuer: | Landwirtschaftliche Rentenbank |
| Title of securities: | $1,000,000,000 5.16% Notes due 2009 |
| 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.$1,000,000,000 |
| Denomination: | U.S.$1,000 |
| Settlement date: | February 27, 2006 |
| Maturity date: | February 27, 2009 |
| Interest: | 5.16% 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 27 and August 27 of each year, commencing August 27, 2006 |
| Issuer Optional Redemption Date: | February 27, 2007 |
| Redemption price: | 100% |
| Issue price: | 100% |
| Fees: | 0.15% |
| Net proceeds: | U.S.$998,850,000 |
| CUSIP: | 515 110 AS 3 |
| Common Code: | 024550214 |
| ISIN Number: | US515110AS36 |
| Joint Lead Managers: | Bear, Stearns International Limited and |
Merrill Lynch & Co. | |
| 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 +1-800-248-3580.
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