Gary H. Burner, Manager, Federal Financing Bank (FFB) announced the following activity for the month of March 2007. FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $30.0 billion on March 31, 2007, posting an increase of $267.3 million from the level on February 28, 2007. This net change was the result of an increase in net holdings of government-guaranteed loans of $267.3 million. The FFB made 45 disbursements and received 6 prepayments during the month of March. |
FEDERAL FINANCING BANK
MARCH 2007 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| GOVERNMENT-GUARANTEED LOANS | |||||
| GENERAL SERVICES ADMINISTRATION | |||||
| San Francisco Bldg Lease | 3/05 | $60,871.89 | 8/01/35 | 4.815% | S/A |
| San Francisco OB | 3/05 | $252,576.14 | 2/01/35 | 4.816% | S/A |
| San Francisco Bldg Lease | 3/09 | $520,108.83 | 8/01/35 | 4.810% | S/A |
| San Francisco OB | 3/20 | $11,750.00 | 2/01/35 | 4.873% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Central Iowa Power Coop #2094 | 3/01 | $2,800,000.00 | 12/31/31 | 4.677% | Qtr. |
| Dairyland Power #2217 | 3/01 | $41,010,000.00 | 1/03/33 | 4.695% | Qtr. |
| Medina Electric #2250 | 3/02 | $1,500,000.00 | 3/31/17 | 4.532% | Qtr. |
| Sequachee Valley Elec. #2048 | 3/02 | $3,200,000.00 | 1/03/33 | 4.697% | Qtr. |
| Tri-County Elec. Coop. #2280 | 3/02 | $8,233,000.00 | 12/31/35 | 4.692% | Qtr. |
| Sedgwick County Elec. #2291 | 3/08 | $1,250,000.00 | 12/31/40 | 4.634% | Qtr. |
| Oglethorpe Power #2278 | 3/09 | $13,748,000.00 | 12/31/36 | 4.640% | Qtr. |
| TRANSCO #2053 | 3/09 | $3,813,000.00 | 12/31/35 | 4.657% | Qtr. |
| Dairyland Power #2262 | 3/12 | $3,462,000.00 | 12/31/40 | 4.714% | Qtr. |
| Canoochee Elec. #2112 | 3/13 | $959,000.00 | 12/31/37 | 4.691% | Qtr. |
| Prince George Elec. #2111 | 3/13 | $1,800,000.00 | 12/31/37 | 4.691% | Qtr. |
| East Kentucky Power #2171 | 3/14 | $23,000,000.00 | 1/03/39 | 4.651% | Qtr. |
| FTC Communications #2101 | 3/14 | $2,802,000.00 | 7/02/07 | 5.088% | Qtr. |
| Cornbelt Power #2241 | 3/15 | $4,455,000.00 | 1/03/40 | 4.670% | Qtr. |
| Cornbelt Power #2284 | 3/15 | $3,631,000.00 | 12/31/29 | 4.653% | Qtr. |
| East Kentucky Power #2171 | 3/16 | $23,251,000.00 | 1/03/39 | 4.687% | Qtr. |
| Southern Iowa Electric #2044 | 3/19 | $876,000.00 | 12/31/37 | 4.693% | Qtr. |
| Scott County Telephone #2175 | 3/19 | $55,799.00 | 12/31/20 | 4.561% | Qtr. |
| Central Elec. Power #2194 | 3/20 | $1,665,000.00 | 12/31/35 | 4.702% | Qtr. |
| Orange County Elec. #2179 | 3/20 | $1,200,000.00 | 7/02/12 | 4.478% | Qtr. |
| Brazos Electric #2086 | 3/22 | $5,000,000.00 | 7/02/07 | 5.056% | Qtr. |
| Brazos Electric #2086 | 3/22 | $5,000,000.00 | 7/02/07 | 5.056% | Qtr. |
| Brazos Electric #2086 | 3/22 | $5,000,000.00 | 7/02/07 | 5.056% | Qtr. |
| Brazos Electric #2181 | 3/22 | $16,681,000.00 | 12/31/25 | 4.638% | Qtr. |
| Brazos Electric #2182 | 3/22 | $2,852,000.00 | 7/02/07 | 5.056% | Qtr. |
| Blackduck Telephone Co. #2215 | 3/23 | $151,000.00 | 1/03/22 | 4.628% | Qtr. |
| GOLDEN VALLEY ASSOC. #2229 | 3/23 | $25,428,000.00 | 1/02/35 | 4.768% | Qtr. |
| Kennebec Telephone #2293 | 3/23 | $238,216.00 | 12/31/25 | 4.685% | Qtr. |
| Runestone Electric Ass. #886 | 3/23 | $1,820,000.00 | 12/31/36 | 4.767% | Qtr. |
| Brazos Electric #2086 | 3/26 | $5,000,000.00 | 7/02/07 | 5.084% | Qtr. |
| Brazos Electric #2086 | 3/26 | $5,217,000.00 | 7/02/07 | 5.084% | Qtr. |
| Farmers Telephone #399 | 3/26 | $160,265.00 | 7/02/07 | 5.209% | Qtr. |
| Farmers Telephone #2203 | 3/26 | $4,369,735.00 | 7/02/07 | 5.084% | Qtr. |
| Pennyrile Elec. #2041 | 3/26 | $8,000,000.00 | 12/31/37 | 4.784% | Qtr. |
| Central Iowa Power Coop #2093 | 3/29 | $7,300,000.00 | 1/03/34 | 4.776% | Qtr. |
| Mountain Parks Elec. #889 | 3/29 | $1,699,000.00 | 12/31/36 | 4.807% | Qtr. |
| Dairyland Power #2218 | 3/30 | $24,567,000.00 | 12/31/36 | 4.809% | Qtr. |
| N. Carolina Elec. #2260 | 3/30 | $10,050,000.00 | 12/31/26 | 4.762% | Qtr. |
| Oglethorpe Power #2023 | 3/30 | $9,583,000.00 | 12/31/25 | 4.748% | Qtr. |
| Oglethorpe Power #2025 | 3/30 | $3,058,000.00 | 12/31/25 | 4.748% | Qtr. |
| DEPARTMENT OF VETERANS AFFAIRS | |||||
| St. Leo Residence | 3/14 | $189,351.00 | 7/17/45 | 4.670% | S/A |
FEDERAL FINANCING BANK HOLDINGS
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | March 31, 2007 | February 28, 2007 | 3/01/07- 3/31/07 | 10/01/06- 3/31/07 |
| Agency Debt | ||||
| U.S. Postal Service | $0.0 | $0.0 | $0.0 | -$2,100.0 |
| National Credit Union Adm.-CLF | $0.0 | $0.0 | $0.0 | $0.0 |
| Federal Deposit Insurance Corp. | $0.0 | $0.0 | $0.0 | $0.0 |
| Subtotal* | $0.0 | $0.0 | $0.0 | -$2,100.0 |
| Agency Assets | ||||
| Rural Utilities Service-CBO | $3,916.6 | $3,916.6 | $0.0 | $0.0 |
| Subtotal* | $3,916.6 | $3,916.6 | $0.0 | $0.0 |
| Government-Guaranteed Lending | ||||
| DOD-Foreign Military Sales | $930.6 | $942.8 | -$12.2 | -$93.3 |
| DoEd-HBCU+ | $158.9 | $159.3 | -$0.5 | $4.4 |
| DHUD-Public Housing Notes | $790.6 | $790.6 | $0.0 | -$93.3 |
| General Services Administration+ | $2,136.2 | $2,138.2 | -$2.0 | -$11.2 |
| DOI-Virgin Islands | $1.5 | $1.5 | $0.0 | -$1.7 |
| DON-Ship Lease Financing | $142.8 | $142.8 | $0.0 | -$27.8 |
| Rural Utilities Service | $19,849.7 | $19,567.1 | $282.6 | $482.9 |
| Rural Utilities Service-GETP | $2,000.0 | $2,000.0 | $0.0 | $0.0 |
| SBA-State/Local Development Cos. | $21.8 | $22.5 | -$0.7 | -$4.7 |
| DOT-Section 511 | $2.4 | $2.4 | -$0.1 | -$0.1 |
| VA Homeless Veterans Housing+ | $3.7 | $3.5 | $0.2 | $1.3 |
| Subtotal* | $26,038.3 | $25,771.0 | $267.3 | $256.4 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $29,954.9 | $29,687.5 | $267.3 | -$1,843.6 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |