MARCH 2006 NEWS RELEASE
FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $28.7 billion on February 28, 2006, posting an increase of $613.1 million from the level on January 31, 2006. This net change was the result of an increase in net holdings of government-guaranteed loans of $613.1 million. The FFB made 29 disbursements and received 8 prepayments during the month of February. Attached to this release are tables presenting FFB February loan activity and FFB holdings as of February 28, 2006. |
FEBRUARY 2006 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| GOVERNMENT-GUARANTEED LOANS | |||||
| GENERAL SERVICES ADMINISTRATION | |||||
| San Francisco Bldg Lease | 2/10 | $3,568,609.03 | 8/01/35 | 4.747% | S/A |
| San Francisco Bldg Lease | 2/28 | $4,279.11 | 8/01/35 | 4.777% | S/A |
| DEPARTMENT OF EDUCATION | |||||
| South Carolina State Univ. | 2/22 | $1,578,400.56 | 3/01/35 | 4.951% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Arkansas Valley Elec. #895 | 2/02 | $4,233,000.00 | 12/31/36 | 4.677% | Qtr. |
| Medina Electric #2250 | 2/02 | $7,000,000.00 | 1/03/40 | 4.673% | Qtr. |
| Glades Elec. Coop. #2134 | 2/03 | $3,000,000.00 | 1/03/39 | 4.666% | Qtr. |
| Ashley-Chicot Elec. #829 | 2/06 | $1,500,000.00 | 12/31/35 | 4.623% | Qtr. |
| Red River Rural Tel. #2113 | 2/06 | $450,000.00 | 1/03/23 | 4.556% | Qtr. |
| Valley Elec. Mem. Corp. #2200 | 2/06 | $1,694,000.00 | 1/03/34 | 4.624% | Qtr. |
| Buggs Island Telephone #2040 | 2/07 | $695,000.00 | 12/31/19 | 4.530% | Qtr. |
| Scott County Telephone #2175 | 2/07 | $415,000.00 | 12/31/20 | 4.539% | Qtr. |
| Albemarle Electric Corp #2143 | 2/08 | $2,000,000.00 | 1/03/33 | 4.647% | Qtr. |
| Pennyrile Elec. #2041 | 2/09 | $8,000,000.00 | 12/31/37 | 4.657% | Qtr. |
| Bartlett Elec. #2201 | 2/10 | $402,400.00 | 1/03/40 | 4.576% | Qtr. |
| Cornbelt Power #2241 | 2/10 | $25,423,000.00 | 1/03/40 | 4.572% | Qtr. |
| Seminole Electric #2253 | 2/10 | $42,911,000.00 | 1/02/35 | 4.602% | Qtr. |
| Brazos Electric #2181 | 2/15 | $20,000,000.00 | 6/30/06 | 4.636% | Qtr. |
| Brazos Electric #2181 | 2/15 | $1,692,000.00 | 6/30/06 | 4.636% | Qtr. |
| Surry-Yadkin Elec. #852 | 2/15 | $1,634,000.00 | 6/30/06 | 4.636% | Qtr. |
| FTC Communications #2101 | 2/21 | $2,863,000.00 | 6/30/06 | 4.606% | Qtr. |
| Roanoke Electric Mem. #820 | 2/23 | $1,000,000.00 | 12/31/36 | 4.558% | Qtr. |
| Albemarle Electric Corp #2143 | 2/24 | $3,500,000.00 | 1/03/33 | 4.615% | Qtr. |
| Decatur County #2188 | 2/24 | $730,000.00 | 12/31/36 | 4.583% | Qtr. |
| Cotton Electric Coop #2038 | 2/27 | $1,293,000.00 | 12/31/37 | 4.587% | Qtr. |
| Farmer's Rural Elec. #2046 | 2/27 | $1,000,000.00 | 12/31/37 | 4.587% | Qtr. |
| Ashley-Chicot Elec. #829 | 2/28 | $3,515,952.33 | 12/31/35 | 4.623% | Qtr. |
| Central Iowa Power Coop. #2240 | 2/28 | $7,900,000.00 | 12/31/35 | 4.626% | Qtr. |
| RURAL UTILITIES SERVICE - GETP | |||||
| CFC | 2/22 | $500,000,000.00 | 1/18/11 | 4.568% | Qtr. |
| DEPARTMENT OF VETERANS AFFAIRS | |||||
| St. Leo Residence | 2/17 | $276,570.00 | 7/17/45 | 4.610% | S/A |
S/A is a
Semiannual rate
Qtr. is a Quarterly rate
FEDERAL FINANCING BANK HOLDINGS
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | February 28, 2006 | January 31, 2006 | 2/01/06- 2/28/06 | 10/01/05- 2/28/06 |
| 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 | $1,145.1 | $1,178.7 | -$33.7 | -$99.4 |
| DoEd-HBCU+ | $128.0 | $126.5 | $1.6 | $2.5 |
| DHUD-Community Dev. Block Grant | $0.0 | $0.0 | $0.0 | -$0.2 |
| DHUD-Public Housing Notes | $884.0 | $884.0 | $0.0 | -$88.0 |
| General Services Administration+ | $2,145.4 | $2,142.3 | $3.2 | $1.7 |
| DOI-Virgin Islands | $3.9 | $3.9 | $0.0 | -$1.6 |
| DON-Ship Lease Financing | $257.4 | $257.4 | $0.0 | -$118.3 |
| Rural Utilities Service | $18,826.4 | $18,683.5 | $142.9 | $740.4 |
| Rural Utilities Service-GETP | $1,000.0 | $500.0 | $500.0 | $550.0 |
| SBA-State/Local Development Cos. | $33.4 | $34.5 | -$1.1 | -$6.3 |
| DOT-Section 511 | $2.6 | $2.6 | $0.0 | -$0.1 |
| VA Homeless Veterans Housing | $1.9 | $1.6 | $0.3 | $1.9 |
| Subtotal* | $24,428.2 | $23,815.1 | $613.1 | $982.8 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $28,698.4 | $28,085.3 | $613.1 | $982.8 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |