As of May 31, 2018, capital markets funding (collateral trust bonds, non-member commercial paper and medium-term notes; and subordinate deferrable debt) represented 50% of total funding, compared to roughly 80% in FY04.
CFC's collateral trust bonds (CTB) are backed by high-performing mortgage notes with strong, stable underlying hard assets and substitution requirements in the event of collateral underperformance.
The National Rural Utilities Cooperative Finance Corporation (CFC) (NYSE: NRU) (NYSE: NRC), a non-profit finance cooperative created and owned by America's electric cooperative network, has completed its underwritten public offering of USD800m in
collateral trust bonds.
23 February 2011 - Deutsche Bank Securities, JPMorgan Securities and RBS Securities were among the joint book-runners for the USD300m (EUR219m) sale of
collateral trust bonds by National Rural Utilities Cooperative Finance Corp (NYSE:NRU), or CFC, the latter said on Tuesday.
28, 2018, capital markets funding (
collateral trust bonds, non-member commercial paper and medium-term notes; and subordinated deferrable debt) represented 51.1% of total funding, compared to roughly 80% in FY04.
15 February 2011 - Deutsche Bank (ETR:DBK), JP Morgan (NYSE:JPM) and Royal Bank of Scotland (LON:RBS) served as active book-runners for National Rural Utilities Cooperative Finance Corp's issue of USD300m (EUR222m)
collateral trust bonds, IFR, a Thomson Reuters service, reported.
