Gary H. Burner, Manager, Federal Financing Bank (FFB) announced the following activity for the month of February 2007. FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $29.7 billion on February 28, 2007, posting a decrease of $352.5 million from the level on January 31, 2007. This net change was the result of a decrease in net holdings of agency debt (U.S. Postal Service) of $427.0 million and an increase in net holdings of government-guaranteed loans of $74.5 million. The FFB made 26 disbursements and received 1 prepayment during the month of February. |
FEDERAL FINANCING BANK
FEBRUARY 2007 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| GOVERNMENT-GUARANTEED LOANS | |||||
| GENERAL SERVICES ADMINISTRATION | |||||
| San Francisco Bldg Lease | 2/02 | $960,149.62 | 8/01/35 | 5.098% | S/A |
| San Francisco OB | 2/08 | $27,450.36 | 2/01/35 | 5.016% | S/A |
| DEPARTMENT OF EDUCATION | |||||
| South Carolina State Univ. | 2/20 | $1,049,930.71 | 3/01/35 | 4.980% | S/A |
| South Carolina State Univ. | 2/21 | $514,338.68 | 3/01/35 | 5.038% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Scott County Telephone #2175 | 2/01 | $293,000.00 | 12/31/20 | 4.849% | Qtr. |
| Whitewater Valley Rural #2189 | 2/01 | $590,000.00 | 1/03/39 | 4.926% | Qtr. |
| Dairyland Power #2262 | 2/02 | $4,879,000.00 | 12/31/40 | 4.929% | Qtr. |
| South Miss. Elec. #2246 | 2/02 | $14,000,000.00 | 12/31/35 | 4.941% | Qtr. |
| White River Valley Elec. #2275 | 2/02 | $5,000,000.00 | 12/31/40 | 4.929% | Qtr. |
| Farmer's Rural Elec. #2046 | 2/05 | $1,000,000.00 | 12/31/37 | 4.929% | Qtr. |
| Tri-State #2052 | 2/05 | $4,667,000.00 | 1/03/34 | 4.940% | Qtr. |
| Tri-State #2172 | 2/05 | $1,434,000.00 | 12/31/35 | 4.935% | Qtr. |
| Tri-State #2247 | 2/05 | $2,395,000.00 | 12/31/35 | 4.935% | Qtr. |
| Kamo Electric #2162 | 2/06 | $9,950,000.00 | 1/03/39 | 4.909% | Qtr. |
| Medina Electric #2250 | 2/06 | $690,000.00 | 3/31/17 | 4.786% | Qtr. |
| Ellerby Telephone #635 | 2/08 | $63,000.00 | 12/31/19 | 4.746% | Qtr. |
| Southeast Colorado Power #2146 | 2/08 | $2,929,000.00 | 12/31/37 | 4.855% | Qtr. |
| Central Georgia Elec. #2117 | 2/09 | $2,525,000.00 | 1/03/33 | 4.849% | Qtr. |
| Cornbelt Power #2054 | 2/09 | $1,293,000.00 | 1/03/33 | 4.835% | Qtr. |
| Central Iowa Power Coop #2240 | 2/12 | $2,000,000.00 | 12/31/35 | 4.886% | Qtr. |
| South Miss. Elec. #2246 | 2/15 | $5,642,000.00 | 12/31/35 | 4.852% | Qtr. |
| Associated Electric #2288 | 2/16 | $34,377,000.00 | 12/31/25 | 4.799% | Qtr. |
| Whitewater Valley Rural #2189 | 2/16 | $1,484,000.00 | 1/03/39 | 4.814% | Qtr. |
| Clark Energy Coop. #2087 | 2/23 | $1,500,000.00 | 6/30/14 | 4.699% | Qtr. |
| North Georgia Elec. #2135 | 2/23 | $10,282,000.00 | 12/31/37 | 4.847% | Qtr. |
| DEPARTMENT OF VETERANS AFFAIRS | |||||
| St. Leo Residence | 2/12 | $96,555.50 | 7/17/45 | 4.860% | S/A |
FEDERAL FINANCING BANK HOLDINGS
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | February 28, 2007 | January 31, 2007 | 2/01/07- 2/28/07 | 10/01/06- 2/28/07 |
| Agency Debt | ||||
| U.S. Postal Service | $0.0 | $427.0 | -$427.0 | -$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 | $427.0 | -$427.0 | -$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 | $942.8 | $976.5 | -$33.7 | -$81.1 |
| DoEd-HBCU+ | $159.3 | $157.8 | $1.6 | $4.9 |
| DHUD-Public Housing Notes | $790.6 | $790.6 | $0.0 | -$93.3 |
| General Services Administration+ | $2,138.2 | $2,138.0 | $0.2 | -$9.2 |
| 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 | $19,567.1 | $19,460.1 | $107.0 | $200.3 |
| Rural Utilities Service-GETP | $2,000.0 | $2,000.0 | $0.0 | $0.0 |
| SBA-State/Local Development Cos. | $22.5 | $23.2 | -$0.7 | -$4.0 |
| DOT-Section 511 | $2.4 | $2.4 | $0.0 | -$0.1 |
| VA Homeless Veterans Housing+ | $3.5 | $3.4 | $0.1 | $1.1 |
| Subtotal* | $25,771.0 | $25,696.5 | $74.5 | -$10.9 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $29,687.5 | $30,040.0 | -$352.5 | -$2,110.9 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |