Federal Financing Bank


Also found in: Acronyms.

Federal Financing Bank

A federal institution that lends to a wide array of federal credit agencies funds it obtains by borrowing from the US Treasury.
References in periodicals archive ?
National Rural Utilities Cooperative Finance Corporation (National Rural) announced today that it closed on a $500 million loan facility from the Federal Financing Bank guaranteed by the United States of America, acting through the Rural Utilities Service (RUS)--a Rural Development agency of the U.
Oglethorpe Power will utilize the guarantees to obtain permanent financing for the facilities from the Federal Financing Bank (FFB).
If its application is approved, USEC expects the loan guarantee would be funded through the Federal Financing Bank, which is part of the U.
The proceeds of the bond offering will be used to convert former Federal Financing Bank (FFB) debt into long-term securities.
1 billion of outstanding debt (primarily through Federal Financing Bank obligations).
2 billion to the Federal Financing Bank to retire high- interest debt.
5 million senior secured debt payable to the Rural Utilities Service (RUS), the Federal Financing Bank (FFB), CoBank, Private Placement Notes and the National Rural Utilities Cooperative Finance Corporation (CFC).
designed to use plant capacity more efficiently and lower energy costs to members, and entering into lease/lease back arrangements with third parties structured to pay off high cost Federal Financing Bank loans.
National Rural Utilities Cooperative Finance Corporation ("CFC") announced today that it closed on a $1 billion loan facility from the Federal Financing Bank guaranteed by the U.
He also served as president of the Federal Financing Bank.
Following the offering, TDS' operating telephone subsidiaries expect to repay some or all of the $240 million debt owed to the Rural Utilities Service, Rural Telephone Bank, Federal Financing Bank, and other lenders.
TVA will use the $200 million to repurchase bonds held by the Federal Financing Bank.
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