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 ?
Abengoa Solar received a federal loan guarantee from the U.S Government in the amount of $1.2 billion, which facilitated the financial closing with the Federal Financing Bank (FFB) and the start of the plantA[sup.3]s construction.
Treasury and the Federal Financing Bank, subject to statutory limits.
Treasury's Federal Financing Bank. Execution of the final loan guarantees is subject to the satisfaction of various conditions specified in the conditional commitment.
In their letter to Paulson, they urged that the administration use the Federal Financing Bank to inject liquidity into the student loan market.
* Also in 1973, the REA got the authority to fully guarantee loans made to electric and telephone borrowers by the Federal Financing Bank (which lends money at a rate barely above cost) and by private sources.
In addition to DIF's existing resources, FDIC can borrow up to $100 billion through the Federal Financing Bank and up to $100 billion from the U.S.
Government securities, including securities of the Federal Financing Bank, and securities that are direct obligations of, or fully guaranteed as to principal and interest by, any agency of the United States in the open market, from or to securities dealers and foreign and international accounts maintained at the Federal Reserve Bank of New York, on a cash, regular, or deferred delivery basis, for the System Open Market Account at market prices, and, for such Account, to exchange maturing U.S.
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