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 ?
9 million of existing debt and will provide a $103 million first-mortgage through the Federal Financing Bank (FFB), as well as an additional $7.
Treasury's Federal Financing Bank several billion dollars, and the U.
2 billion, which facilitated the financial closing with the Federal Financing Bank (FFB) and the start of the plantA[sup.
Treasury and the Federal Financing Bank, subject to statutory limits.
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.
10 Federally sponsored agencies(7) 699,742 807,264 11 Federal Home Loan Banks 205,817 243,194 12 Federal Home Loan Mortgage Corporation 93,279 119,961 13 Federal National Mortgage Association 257,230 299,174 14 Farm Credit Banks(8) 53,175 57,379 15 Student Loan Marketing Association(9) 50,335 47,529 16 Financing Corporation(10) 8,170 8,170 17 Farm Credit Financial Assistance Corporation(11) 1,261 1,261 18 Resolution Funding Corporation(12) 29,996 29,996 MEMO 19 Federal Financing Bank debt(13) 103,817 78,681 Lending to federal and federally sponsored agencies 20 Export-Import Bank(3) 3,449 2,044 21 Postal Service(6) 8,073 5,765 22 Student Loan Marketing Association n.
Coopchik recently completed a refinancing of the project's construction loan by securing a $180 million construction loan from the Federal Financing Bank (FFB).
Each transaction entered into by Straight-A is fully supported through a liquidity facility provided by the Federal Financing Bank and sized at $60 billion, which covers for the full and timely payment of maturing CP.
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.
The construction loan was secured from the Federal Financing Bank (FFB) in a complex transaction that will be converted to a long-term mortgage once development of the towers is completed in August 1993.
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