Federal Farm Credit Bank


Also found in: Acronyms.

Federal Farm Credit Bank

An institution created by the government with the purpose of uniting the financing activities of the Federal Land Banks, the Federal Intermediate Credit Banks, and the banks for cooperatives. See: Federal Farm Credit System.

Federal Farm Credit Bank

A bank that provides loans for agricultural or other rural use. Most loans from federal farm credit banks are for commercial agriculture, but they also finance personal and recreational projects. They also issue short-term securities to finance their activities. Federal farm credit banks form part of the Farm Credit System. See also: Farm Credit Act, Farmer Mac, Agency bond.

Federal Farm Credit Bank

A federally sponsored financing organization intended to consolidate operations of the Banks for Cooperatives, the Federal Intermediate Credit Banks, and the Federal Land Banks. The Federal Farm Credit Bank issues short-term securities that trade in the secondary market.
References in periodicals archive ?
Federal Farm Credit Banks and 3) notching reflecting the debts' relative
Trakimas, who also joined CoBank in 2011, has previously served as an outside director on the board of the Federal Farm Credit Banks Funding Corporation, the entity which issues debt securities that CoBank and other Farm Credit institutions use to fund their operations.
Colliers International has arranged a long-term, 19,225 s/f lease for Federal Farm Credit Banks Funding Corporation at 101 Hudson Street in Jersey City.
rating of Federal Farm Credit Banks' (Farm Credit System) long-term debt,
Stewart Jr., president and CEO of the Federal Farm Credit Banks Funding Corporation.
Tracey McCabe, president and CEO of the Federal Farm Credit Banks Funding Corp, said that strong global and domestic demand for US agricultural products continued throughout 2012, bolstering the earnings of agricultural producers and contributing to solid earnings recognized by the System.
Engel serves on the board of directors for the Federal Farm Credit Banks Funding Corporation, Farm Credit Leasing Services Corp.
Moody's applied the same action also to Fannie Mae, Freddie Mac, the Federal Home Loan Banks and the Federal Farm Credit Banks, which are viewed as linked to the government, as well as to related bonds, including bonds of Israel and Egypt benefiting from a US cover.
17 January 2010 -- Barclays (LON:BARC), Credit Suisse (VTX:CSGN) and Jefferies (NYSE:JEF) have lead-managed The Federal Farm Credit Banks Funding Corp's (FFCB) issue of USD1.3bn (EUR978m) designated bonds, Reuters reported.

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