FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $27.9 billion on October 31, 2005, posting an increase of $145.2 million from the level on September 30, 2005. This net change was the result of an increase in net holdings of government-guaranteed loans of $145.2 million. The FFB made 36 disbursements and received 12 prepayments during the month of October. The FFB also reset the interest rate for 2 loans guaranteed by the Department of Education. Attached to this release are tables presenting FFB October loan activity and FFB holdings as of October 31, 2005. |
OCTOBER 2005 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| GOVERNMENT-GUARANTEED LOANS | |||||
| GENERAL SERVICES ADMINISTRATION | |||||
| San Francisco Bldg Lease | 10/07 | $3,547,491.82 | 8/01/35 | 4.682% | S/A |
| San Francisco OB | 10/13 | $106,232.49 | 2/01/35 | 4.753% | S/A |
| San Francisco Bldg Lease | 10/20 | $74,292.33 | 8/01/35 | 4.790% | S/A |
| San Francisco Bldg Lease | 10/24 | $3,165,079.79 | 8/01/35 | 4.716% | S/A |
| San Francisco OB | 10/25 | $118,351.49 | 2/01/35 | 4.769% | S/A |
| Foley Services Contract | 10/27 | $3,253.15 | 7/31/25 | 4.832% | S/A |
| DEPARTMENT OF EDUCATION | |||||
| *Shaw University | 10/03 | $9,243,445.90 | 4/03/06 | 3.928% | S/A |
| *Shaw University | 10/03 | $178,467.36 | 4/03/06 | 3.928% | S/A |
| South Carolina State Univ. | 10/06 | $179,477.74 | 3/01/35 | 4.963% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Clark Energy Coop. #2087 | 10/03 | $2,000,000.00 | 3/31/06 | 3.908% | Qtr. |
| Buggs Island Telephone #2040 | 10/04 | $131,000.00 | 12/31/19 | 4.363% | Qtr. |
| Fulton Telephone Co. #2228 | 10/04 | $5,000,000.00 | 12/31/20 | 4.383% | Qtr. |
| South Miss. Elec. #2109 | 10/04 | $1,100,000.00 | 1/03/34 | 4.556% | Qtr. |
| Arrowhead Electric #773 | 10/06 | $1,700,000.00 | 12/31/35 | 4.520% | Qtr. |
| Albemarle Electric Corp #2143 | 10/07 | $2,500,000.00 | 1/03/33 | 4.528% | Qtr. |
| Bartlett Elec. #2187 | 10/07 | $222,600.00 | 1/03/39 | 4.527% | Qtr. |
| Dairyland Power #867 | 10/07 | $5,365,148.43 | 1/03/17 | 4.286% | Qtr. |
| Dairyland Power #2217 | 10/07 | $23,628,851.57 | 1/03/33 | 4.529% | Qtr. |
| Dairyland Power #2218 | 10/07 | $14,661,000.00 | 12/31/36 | 4.531% | Qtr. |
| East Otter Tele. #435 | 10/07 | $1,986,000.00 | 12/31/15 | 4.391% | Qtr. |
| Southeast Colorado Power #2146 | 10/07 | $1,985,000.00 | 12/31/37 | 4.531% | Qtr. |
| Holmew-Wayne Elec. #707 | 10/12 | $2,400,000.00 | 1/02/35 | 4.543% | Qtr. |
| Inter-County Energy #850 | 10/13 | $3,611,000.00 | 3/31/06 | 4.058% | Qtr. |
| Piedmont Tel. #566 | 10/13 | $136,293.00 | 12/31/18 | 4.400% | Qtr. |
| Blackduck Telephone Co. #2215 | 10/14 | $390,061.83 | 1/03/22 | 4.501% | Qtr. |
| East Kentucky Power #2171 | 10/14 | $30,000,000.00 | 1/03/39 | 4.644% | Qtr. |
| Hamilton County Elec. #2129 | 10/19 | $122,000.00 | 12/31/37 | 4.644% | Qtr. |
| D.S. & O Rural Elec. #2149 | 10/20 | $650,000.00 | 1/03/39 | 4.638% | Qtr. |
| Flint Elec. #2145 | 10/20 | $7,500,000.00 | 1/03/34 | 4.637% | Qtr. |
| Federal Rural Elec. #728 | 10/21 | $1,000,000.00 | 1/02/35 | 4.625% | Qtr. |
| Lake Region Elec. #2131 | 10/21 | $200,000.00 | 1/03/39 | 4.617% | Qtr. |
| South Miss. Elec. #2109 | 10/21 | $21,056,000.00 | 1/03/34 | 4.627% | Qtr. |
| Red River Rural Tel. #2113 | 10/24 | $1,745,000.00 | 1/03/23 | 4.434% | Qtr. |
| Powell Valley Elec Coop #2165 | 10/25 | $3,000,000.00 | 1/03/33 | 4.584% | Qtr. |
| Valley Elec. Mem. Corp. #2200 | 10/25 | $2,300,000.00 | 1/03/34 | 4.617% | Qtr. |
| Cumberland Valley #2118 | 10/27 | $3,000,000.00 | 3/31/06 | 4.139% | Qtr. |
| South Miss. Elec. #2109 | 10/27 | $5,025,000.00 | 1/03/34 | 4.753% | Qtr. |
| South Miss. Elec. #2109 | 10/27 | $5,311,000.00 | 1/03/34 | 4.753% | Qtr. |
S/A is a
Semiannual rate
Qtr. is a Quarterly rate
* maturity extension or interest rate reset or principal
rollover
FEDERAL FINANCING BANK HOLDINGS
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | October 31, 2005 | September 30, 2005 | 10/01/05-10/31/05 | 10/01/05-10/31/05 |
| Agency Debt | ||||
| U.S. Postal Service | $0.0 | $0.0 | $0.0 | $0.0 |
| National Credit Union Adm.-CLF | $0.0 | $0.0 | $0.0 | $0.0 |
| Subtotal* | $0.0 | $0.0 | $0.0 | $0.0 |
| Agency Assets | ||||
| Rural Utilities Service-CBO | $4,270.2 | $4,270.2 | $0.0 | $0.0 |
| Subtotal* | $4,270.2 | $4,270.2 | $0.0 | $0.0 |
| Government-Guaranteed Lending | ||||
| DOD-Foreign Military Sales | $1,241.8 | $1,244.5 | -$2.7 | -$2.7 |
| DoEd-HBCU+ | $125.6 | $125.6 | $0.0 | $0.0 |
| DHUD-Community Dev. Block Grant | $0.0 | $0.2 | -$0.2 | -$0.2 |
| DHUD-Public Housing Notes | $971.9 | $971.9 | $0.0 | $0.0 |
| General Services Administration+ | $2,145.8 | $2,143.7 | $2.0 | $2.0 |
| DOI-Virgin Islands | $5.5 | $5.5 | $0.0 | $0.0 |
| DON-Ship Lease Financing | $375.7 | $375.7 | $0.0 | $0.0 |
| Rural Utilities Service | $18,233.7 | $18,085.9 | $147.7 | $147.7 |
| Rural Utilities Service-GETP | $450.0 | $450.0 | $0.0 | $0.0 |
| SBA-State/Local Development Cos. | $38.0 | $39.7 | -$1.7 | -$1.7 |
| DOT-Section 511 | $2.7 | $2.7 | $0.0 | $0.0 |
| VA Homeless Veterans Housing | $0.0 | $0.0 | $0.0 | $0.0 |
| Subtotal* | $23,590.6 | $23,445.5 | $145.2 | $145.2 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $27,860.8 | $27,715.7 | $145.2 | $145.2 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |