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FEDERAL FINANCING BANK

     Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of November 2009.

     FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $61.7 billion on November 30, 2009, posting an increase of $467.3 million from the level on October 31, 2009. This net change was the result of a decrease in holdings of agency debt of $193.5 million and an increase in net holdings of government-guaranteed loans of $660.8 million. The FFB made 87 disbursements and received 3 prepayments during the month of November. The FFB also reset the interest rate for one loan guaranteed by the Department of Education during the month.

    Attached to this release are tables presenting FFB November loan activity and FFB holdings as of November 30, 2009.

 

FEDERAL FINANCING BANK
NOVEMBER 2009 ACTIVITY

Borrower Date of Advance Maturity Rate
AGENCY DEBT
U.S. POSTAL SERVICE
U.S. Postal Service 11/02 $750,000,000.00 11/03/09 0.145% S/A
U.S. Postal Service 11/02 $346,300,000.00 11/03/09 0.155% S/A
U.S. Postal Service 11/03 $450,000,000.00 11/04/09 0.135% S/A
U.S. Postal Service 11/03 $346,400,000.00 11/04/09 0.166% S/A
U.S. Postal Service 11/04 $300,000,000.00 11/05/09 0.155% S/A
U.S. Postal Service 11/04 $327,300,000.00 11/05/09 0.176% S/A
U.S. Postal Service 11/05 $175,000,000.00 11/06/09 0.166% S/A
U.S. Postal Service 11/05 $206,800,000.00 11/06/09 0.186% S/A
U.S. Postal Service 11/06 $135,600,000.00 11/09/09 0.186% S/A
U.S. Postal Service 11/13 $300,000,000.00 11/16/09 0.186% S/A
U.S. Postal Service 11/13 $180,800,000.00 11/16/09 0.176% S/A
U.S. Postal Service 11/16 $1,150,000,000.00 11/17/09 0.186% S/A
U.S. Postal Service 11/16 $118,800,000.00 11/17/09 0.176% S/A
U.S. Postal Service 11/17 $700,000,000.00 11/18/09 0.176% S/A
U.S. Postal Service 11/17 $294,000,000.00 11/18/09 0.176% S/A
U.S. Postal Service 11/18 $525,000,000.00 11/19/09 0.176% S/A
U.S. Postal Service 11/18 $298,100,000.00 11/19/09 0.166% S/A
U.S. Postal Service 11/19 $325,000,000.00 11/20/09 0.176% S/A
U.S. Postal Service 11/19 $295,500,000.00 11/20/09 0.155% S/A
U.S. Postal Service 11/20 $200,000,000.00 11/23/09 0.166% S/A
U.S. Postal Service 11/20 $226,100,000.00 11/23/09 0.166% S/A
U.S. Postal Service 11/23 $232,100,000.00 11/24/09 0.176% S/A
U.S. Postal Service 11/24 $28,500,000.00 11/25/09 0.186% S/A
U.S. Postal Service 11/27 $700,000,000.00 11/30/09 0.186% S/A
U.S. Postal Service 11/27 $155,100,000.00 11/30/09 0.186% S/A
U.S. Postal Service 11/30 $2,327,000,000.00 12/01/09 0.196% S/A
U.S. Postal Service 11/30 $231,300,000.00 12/01/09 0.206% S/A
GOVERNMENT-GUARANTEED LOANS
DOE-ADV TECHNOLOGY VEHICLES MFG
Ford Motor Company 11/25 $199,000,000.00 6/15/22 2.972% Qtr.
Ford Motor Company 11/25 $40,200,000.00 6/15/22 2.972% Qtr.
DOE-SECTION 1705 (RECOVERY)
Solyndra 11/10 $20,632,321.83 8/15/16 2.261% Qtr.
GENERAL SERVICES ADMINISTRATION
Foley Services Contract 11/03 $17,889.97 7/31/25 3.572% S/A
San Francisco Bldg Lease 11/16 $135,889.14 8/01/35 4.148% S/A
Foley Services Contract 11/20 $329,395.74 7/31/25 3.477% S/A
Foley Services Contract 11/24 $3,634.11 7/31/25 3.490% S/A
DEPARTMENT OF EDUCATION
*Tuskegee Univ. 11/02 $2,000,000.00 5/03/10 0.167% S/A
Allen University 11/06 $1,422,642.75 11/03/36 4.396% S/A
Dillard University 11/06 $4,903,911.59 12/01/09 0.061% S/A
Southern University 11/06 $4,900,670.19 12/01/09 0.061% S/A
Tuskegee Univ. 11/06 $3,338,053.41 11/01/32 4.374% S/A
Xavier University 11/06 $1,035,556.05 12/01/09 0.061% S/A
Allen University 11/18 $727,580.26 5/01/37 4.239% S/A
Tougaloo College 11/20 $220,498.56 12/01/09 0.030% S/A
Tougaloo College 11/20 $181,308.24 12/01/09 0.030% S/A
RURAL UTILITIES SERVICE
Atlantic Telephone Mem. #805 11/02 $4,698,317.00 12/31/20 2.872% Qtr.
Southwest Mississippi #2622 11/03 $2,900,000.00 12/31/43 4.098% Qtr.
Brazos Electric #2307 11/05 $5,000,000.00 1/03/40 4.190% Qtr.
Brazos Electric #2307 11/05 $5,000,000.00 3/31/10 0.110% Qtr.
Brazos Electric #2307 11/05 $4,373,000.00 3/31/10 0.110% Qtr.
Brazos Electric #2608 11/05 $25,000,000.00 3/31/10 0.110% Qtr.
Brazos Electric #2608 11/05 $25,000,000.00 3/31/10 0.110% Qtr.
Brazos Electric #2608 11/05 $25,755,000.00 3/31/10 0.110% Qtr.
Charles Mix Elec. #2432 11/05 $486,000.00 12/31/42 4.220% Qtr.
Flint Hills Rural Elec. #2620 11/05 $300,000.00 12/31/43 4.237% Qtr.
Triangle Telephone Coop #2594 11/05 $2,001,432.00 12/31/30 3.925% Qtr.
Valley Telecom #2592 11/05 $450,000.00 9/30/10 0.307% Qtr.
Mountain View Electric #2487 11/06 $5,000,000.00 12/31/42 4.219% Qtr.
Central Electric Coop. #2633 11/10 $6,543,000.00 3/31/10 0.123% Qtr.
Flint Hills Rural Elec. #2620 11/10 $500,000.00 12/31/43 4.220% Qtr.
New-Mac Electric #2628 11/10 $5,800,000.00 12/31/43 4.220% Qtr.
Southern Pioneer Elec #2585 11/10 $5,430,000.00 12/31/35 4.070% Qtr.
W. Farmers Elec. Coop. #2319 11/12 $4,185,000.00 12/31/40 4.182% Qtr.
W. Farmers Elec. Coop. #2579 11/12 $2,223,000.00 12/31/43 4.227% Qtr.
W. Farmers Elec. Coop. #2578 11/12 $392,000.00 12/31/24 3.433% Qtr.
Wilkes Tele. & Elec. #851 11/12 $20,000.00 12/31/18 2.594% Qtr.
Mille Lacs Electric #2460 11/13 $500,000.00 12/31/42 4.196% Qtr.
Panhandle Rural Elec #2478 11/13 $1,000,000.00 12/31/42 4.196% Qtr.
Seminole Electric #2366 11/13 $23,747,000.00 12/31/37 4.100% Qtr.
Verendrye Elec. #2451 11/13 $624,000.00 12/31/42 4.196% Qtr.
Deep East Texas Elec. #2506 11/16 $3,700,000.00 12/31/42 4.156% Qtr.
Firelands Elec. #2493 11/16 $1,000,000.00 12/31/42 4.155% Qtr.
N. Carolina Elec. #2259 11/16 $5,497,000.00 12/31/26 3.558% Qtr.
N. Carolina Elec. #2359 11/16 $3,835,000.00 1/03/39 4.083% Qtr.
Ark Valley Elec Coop #2621 11/17 $2,904,000.00 12/31/43 4.067% Qtr.
East Kentucky Power #2530 11/18 $25,000,000.00 1/03/40 3.992% Qtr.
East Kentucky Power #2530 11/18 $25,000,000.00 1/03/40 3.992% Qtr.
East Kentucky Power #2530 11/19 $25,000,000.00 1/03/40 4.031% Qtr.
East Kentucky Power #2530 11/19 $25,000,000.00 1/03/40 4.031% Qtr.
Medina Electric #2549 11/19 $1,000,000.00 3/31/10 0.079% Qtr.
Clay-Union Electric #2447 11/20 $390,000.00 3/31/10 0.068% Qtr.
Ashley-Chicot Elec. #2584 11/24 $1,000,000.00 12/31/43 4.095% Qtr.
Todd-Wadena Electric #2440 11/24 $1,000,000.00 12/31/42 4.075% Qtr.
Traverse Electric #2635 11/24 $890,000.00 12/31/43 4.095% Qtr.
N.E. Missouri Elec. #2352 11/25 $2,500,000.00 12/31/35 3.872% Qtr.
TRANSCO #2323 11/25 $5,969,000.00 12/31/35 3.872% Qtr.
Grundy Elec. Coop. #2397 11/27 $1,900,000.00 3/31/10 0.080% Qtr.
North Georgia Elec. #2448 11/27 $12,000,000.00 12/31/42 4.000% Qtr.
Hoosier Energy Elec. #2590 11/30 $190,968,000.00 1/03/33 3.673% Qtr.
Rappahannock Electric #2619 11/30 $11,400,000.00 12/31/43 3.982% 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 November 30, 2009 October 31, 2009 11/01/09-11/30/09 10/01/09-11/30/09
Agency Debt
U.S. Postal Service $8,583.3 $8,776.8 -$193.5 -$1,616.7
National Credit Union Adm.-CLF $18,381.1 $18,381.1 $0.0 -$3.0
Federal Deposit Insurance Corp. $0.0 $0.0 $0.0 $0.0
HOPE for Homeowners Bonds      $492.3      $492.3      $0.0      $0.2
Subtotal* $27,456.6 $27,650.1 -$193.5 -$1,619.5
Agency Assets
Rural Utilities Service-CBO      $3,047.0      $3,047.0      $0.0      $0.0
Subtotal* $3,047.0 $3,047.0 $0.0 $0.0
Government-Guaranteed Lending
DOD-Foreign Military Sales $540.1 $545.1 -$5.0 -$5.3
DoEd-HBCU+ $468.6 $452.0 $16.5 $16.9
DOE-Adv Technology Vehicles Mfg $1,125.5 $886.3 $239.2 $239.2
DOE-Section 1703 (Non-Recovery) $0.0 $0.0 $0.0 $0.0
DOE-Section 1705 (Recovery) $85.3 $64.7 $20.6 $64.0
DHUD-Public Housing Notes $483.1 $587.0 -$103.9 -$103.9
General Services Administration+ $2,017.4 $2,026.5 -$9.1 -$9.0
Rural Utilities Service $23,491.3 $22,988.5 $502.9 $1,100.2
Rural Utilities Service-GETP $3,000.0 $3,000.0 $0.0 $0.0
SBA-State/Local Development Cos. $4.7 $5.1 -$0.4 -$0.7
DOT-Section 511 $1.8 $1.8 $0.0 $0.0
VA Homeless Veterans Housing+ $4.8 $4.8 $0.0 $0.0
Federal Family Ed. Loan Conduit      $0.0      $0.0      $0.0      $0.0
Subtotal* $31,222.7 $30,561.8 $660.8 $1,301.4
========= ========= ========= =========
Grand total* $61,726.3 $61,259.0 $467.3 -$318.1
_______________________________________
* figures may not total due to rounding
+ does not include capitalized interest