FFCB definition
Examples of FFCB in a sentence
Issues under the Designated Bond program constitute the same credit standing as other FFCB issues; they simply add organization and liquidity to the intermediate- and long-term Agency market.
The Moody’s Discount Factors presented in the immediately preceding table will also apply to Moody’s Eligible Assets that are FHLB, FNMA and FFCB Debentures and to rated TRACERs, whereby the ratings in the table will be applied to the underlying securities and the Market Value of each underlying security will be its proportionate amount of the Market Value of the TRACER.
The largest Federal Agencies are GNMA, FNMA, FHLMC, FIILB, FFCB, SLMA, and TVA.
Floating-rate negotiable debt obligations n/a n/a 100% 98%% 100% 98% of the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Federal Home Loan Banks (FHLB), Federal Farm Credit Banks (FFCB), Tennessee Valley Authority (TVA) (collectively, "AGENCY SECURITIES") of all maturities GGG.
Federal Farm Credit Bank (FFCB) Federal Home Loan Bank (FHLB) Federal Home Loan Mortgage Corp.
The largest Federal Agencies are GNMA, FNMA, FHLMC, FHLB, FFCB, SLMA, and TVA.
FFCB debt is not an obligation of, nor is it guaranteed by the U.S. government, although it is considered to have minimal credit risk due to its importance to the U.S. financial system and agricultural industry.
Floating-rate negotiable debt obligations of the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Federal Home Loan Banks (FHLB), Federal Farm Credit Banks (FFCB), Tennessee Valley Authority (TVA) (collectively, "AGENCY SECURITIES") of all maturities n/a n/a 100% 98%% 100% 98% N.
Floating-rate negotiable debt obligations of the Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Federal Home Loan Banks (FHLB), Federal Farm Credit Banks (FFCB), Tennessee Valley Authority (TVA) (collectively, "AGENCY SECURITIES") of all maturities n/a n/a 100% 99% 100% 98% N.
As of February 29, 2020, the City of Garden Grove’s portfolio totaled $270,204,212, which includes pooled investments, LAIF and cash with fiscal agents: US Treasury $72,000,000 FHLB $60,250,000 FFCB $54,000,000 FNMA $18,000,000 FHLMC $3,000,000 LAIF $55,372,561 CASH WITH FISCAL AGENTS $7,581,651 The City invests its funds in permissible investments as noted in the City’s 2019 Investment Policy, Section X- “Authorized and Suitable Investments”, in accordance with Government Code 53600 et seq.