SEPTEMBER 2010 NEWS RELEASE Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of August 2010. FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $54.3 billion on August 31, 2010, posting an increase of $151.5 million from the level on July 31, 2010. This net change was the result of a decrease in holdings of agency debt of $336.4 million and an increase in net holdings of government-guaranteed loans of $487.9 million. The FFB made 110 disbursements and received 5 prepayments in the month of August. |
AUGUST 2010 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| AGENCY DEBT | |||||
| U.S. POSTAL SERVICE | |||||
| U.S. Postal Service | 8/02 | $1,000,000,000.00 | 8/03/10 | 0.277% | S/A |
| U.S. Postal Service | 8/02 | $322,700,000.00 | 8/03/10 | 0.267% | S/A |
| U.S. Postal Service | 8/03 | $750,000,000.00 | 8/04/10 | 0.267% | S/A |
| U.S. Postal Service | 8/03 | $256,500,000.00 | 8/04/10 | 0.277% | S/A |
| U.S. Postal Service | 8/04 | $550,000,000.00 | 8/05/10 | 0.267% | S/A |
| U.S. Postal Service | 8/04 | $281,600,000.00 | 8/05/10 | 0.277% | S/A |
| U.S. Postal Service | 8/05 | $271,000,000.00 | 8/06/10 | 0.277% | S/A |
| U.S. Postal Service | 8/05 | $329,100,000.00 | 8/06/10 | 0.277% | S/A |
| U.S. Postal Service | 8/06 | $1,450,000,000.00 | 8/09/10 | 0.277% | S/A |
| U.S. Postal Service | 8/06 | $245,700,000.00 | 8/09/10 | 0.267% | S/A |
| U.S. Postal Service | 8/09 | $1,800,000,000.00 | 8/10/10 | 0.277% | S/A |
| U.S. Postal Service | 8/09 | $141,000,000.00 | 8/10/10 | 0.267% | S/A |
| U.S. Postal Service | 8/10 | $1,486,000,000.00 | 8/11/10 | 0.267% | S/A |
| U.S. Postal Service | 8/10 | $239,600,000.00 | 8/11/10 | 0.277% | S/A |
| U.S. Postal Service | 8/11 | $1,350,000,000.00 | 8/12/10 | 0.267% | S/A |
| U.S. Postal Service | 8/11 | $261,600,000.00 | 8/12/10 | 0.277% | S/A |
| U.S. Postal Service | 8/12 | $1,167,000,000.00 | 8/13/10 | 0.277% | S/A |
| U.S. Postal Service | 8/12 | $306,800,000.00 | 8/13/10 | 0.277% | S/A |
| U.S. Postal Service | 8/13 | $1,000,000,000.00 | 8/16/10 | 0.277% | S/A |
| U.S. Postal Service | 8/13 | $339,800,000.00 | 8/16/10 | 0.267% | S/A |
| U.S. Postal Service | 8/16 | $865,000,000.00 | 8/17/10 | 0.277% | S/A |
| U.S. Postal Service | 8/16 | $329,400,000.00 | 8/17/10 | 0.277% | S/A |
| U.S. Postal Service | 8/17 | $636,000,000.00 | 8/18/10 | 0.267% | S/A |
| U.S. Postal Service | 8/17 | $286,800,000.00 | 8/18/10 | 0.287% | S/A |
| U.S. Postal Service | 8/18 | $500,000,000.00 | 8/19/10 | 0.277% | S/A |
| U.S. Postal Service | 8/18 | $278,200,000.00 | 8/19/10 | 0.287% | S/A |
| U.S. Postal Service | 8/19 | $300,000,000.00 | 8/20/10 | 0.287% | S/A |
| U.S. Postal Service | 8/19 | $300,900,000.00 | 8/20/10 | 0.287% | S/A |
| U.S. Postal Service | 8/20 | $1,476,000,000.00 | 8/23/10 | 0.287% | S/A |
| U.S. Postal Service | 8/20 | $274,200,000.00 | 8/23/10 | 0.277% | S/A |
| U.S. Postal Service | 8/23 | $1,739,000,000.00 | 8/24/10 | 0.287% | S/A |
| U.S. Postal Service | 8/23 | $257,300,000.00 | 8/24/10 | 0.277% | S/A |
| U.S. Postal Service | 8/24 | $1,500,000,000.00 | 8/25/10 | 0.277% | S/A |
| U.S. Postal Service | 8/24 | $281,100,000.00 | 8/25/10 | 0.297% | S/A |
| U.S. Postal Service | 8/25 | $1,345,000,000.00 | 8/26/10 | 0.277% | S/A |
| U.S. Postal Service | 8/25 | $321,400,000.00 | 8/26/10 | 0.297% | S/A |
| U.S. Postal Service | 8/26 | $1,173,000,000.00 | 8/27/10 | 0.297% | S/A |
| U.S. Postal Service | 8/26 | $313,700,000.00 | 8/27/10 | 0.297% | S/A |
| U.S. Postal Service | 8/27 | $1,000,000,000.00 | 8/30/10 | 0.297% | S/A |
| U.S. Postal Service | 8/27 | $328,400,000.00 | 8/30/10 | 0.297% | S/A |
| U.S. Postal Service | 8/30 | $829,000,000.00 | 8/31/10 | 0.297% | S/A |
| U.S. Postal Service | 8/30 | $305,500,000.00 | 8/31/10 | 0.287% | S/A |
| U.S. Postal Service | 8/31 | $1,826,000,000.00 | 9/01/10 | 0.297% | S/A |
| U.S. Postal Service | 8/31 | $215,600,000.00 | 9/01/10 | 0.287% | S/A |
| GOVERNMENT-GUARANTEED LOANS | |||||
| DOE-ADV TECHNOLOGY VEHICLES MFG | |||||
| Ford Motor Company | 8/02 | $164,400,000.00 | 6/15/22 | 2.418% | Qtr. |
| Ford Motor Company | 8/02 | $41,900,000.00 | 6/15/22 | 2.418% | Qtr. |
| Tesla Motors, Inc. | 8/24 | $893,787.00 | 9/16/19 | 1.793% | Qtr. |
| Tesla Motors, Inc. | 8/24 | $2,758,366.00 | 9/15/22 | 2.173% | Qtr. |
| Fisker Automotive, Inc. | 8/26 | $16,847,000.00 | 4/22/26 | 2.478% | Qtr. |
| DOE-SECTION 1705 (RECOVERY) | |||||
| Solyndra | 8/10 | $17,078,392.50 | 8/15/16 | 1.289% | Qtr. |
| GENERAL SERVICES ADMINISTRATION | |||||
| San Francisco Bldg Lease | 8/04 | $262,752.45 | 8/01/35 | 3.594% | S/A |
| DEPARTMENT OF EDUCATION | |||||
| Florida Memorial Univ. | 8/09 | $708,910.47 | 10/01/30 | 3.692% | S/A |
| Tougaloo College | 8/09 | $681,968.43 | 12/01/10 | 0.163% | S/A |
| Southern University | 8/13 | $37,741.00 | 12/01/10 | 0.166% | S/A |
| Harris Stowe State Univ. | 8/18 | $364,166.19 | 7/02/40 | 3.464% | S/A |
| Xavier University | 8/25 | $3,598,132.43 | 12/01/10 | 0.164% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Bluestem Electric #2680 | 8/02 | $1,800,000.00 | 12/31/40 | 3.612% | Qtr. |
| Butler County Rural Elec #2769 | 8/02 | $4,386,000.00 | 1/03/45 | 3.707% | Qtr. |
| Verdigris Valley Elec. #2652 | 8/02 | $6,700,000.00 | 12/31/20 | 2.886% | Qtr. |
| Arizona Electric #2675 | 8/03 | $2,202,000.00 | 1/02/35 | 3.467% | Qtr. |
| Atchison-Holt Elec. #2568 | 8/03 | $1,638,000.00 | 12/31/43 | 3.759% | Qtr. |
| Central Virginia Elec. #2657 | 8/03 | $2,000,000.00 | 12/31/43 | 3.760% | Qtr. |
| Central Electric Coop. #2633 | 8/03 | $600,000.00 | 1/03/11 | 0.189% | Qtr. |
| Lumbee River Elec. #2363 | 8/03 | $10,000,000.00 | 12/31/42 | 3.736% | Qtr. |
| Oneida-Madison Elec. #2471 | 8/03 | $29,000.00 | 12/31/42 | 3.592% | Qtr. |
| Pennyrile Elec. #2467 | 8/03 | $10,000,000.00 | 1/03/11 | 0.189% | Qtr. |
| Arkansas Valley Elec. #2292 | 8/04 | $6,000,000.00 | 12/31/40 | 3.645% | Qtr. |
| Aiken Elec. #2729 | 8/06 | $9,000,000.00 | 1/03/45 | 3.756% | Qtr. |
| Butte Electric Coop #2636 | 8/06 | $1,999,000.00 | 12/31/43 | 3.733% | Qtr. |
| Clark Energy Coop. #2419 | 8/06 | $1,000,000.00 | 1/03/11 | 0.177% | Qtr. |
| Washington Electric #2559 | 8/06 | $832,000.00 | 12/31/43 | 3.582% | Qtr. |
| United Elec. Coop. #2661 | 8/10 | $8,853,000.00 | 12/31/43 | 3.682% | Qtr. |
| Brantley Telephone Co. #2301 | 8/11 | $261,630.00 | 12/31/24 | 2.579% | Qtr. |
| Lorain-Medina Elec. #2400 | 8/12 | $2,300,000.00 | 12/31/42 | 3.553% | Qtr. |
| Dairyland Power #2607 | 8/13 | $11,177,000.00 | 1/03/34 | 3.210% | Qtr. |
| S. Central Arkansas #2536 | 8/13 | $4,000,000.00 | 12/31/43 | 3.592% | Qtr. |
| Delaware County Elec. #2483 | 8/16 | $800,000.00 | 12/31/42 | 3.497% | Qtr. |
| DIXIE EMC #2753 | 8/16 | $64,000,000.00 | 1/03/45 | 3.549% | Qtr. |
| East-Central Iowa Rural #2574 | 8/16 | $3,000,000.00 | 12/31/43 | 3.523% | Qtr. |
| Fairfield Elec. #2286 | 8/16 | $775,000.00 | 9/30/11 | 0.289% | Qtr. |
| Farmers Elec Coop Corp #2581 | 8/16 | $2,200,000.00 | 12/31/43 | 3.523% | Qtr. |
| Fergus Electric Coop. #2609 | 8/16 | $2,200,000.00 | 12/31/43 | 3.524% | Qtr. |
| Grady Electric #2480 | 8/16 | $4,059,539.93 | 9/30/11 | 0.290% | Qtr. |
| Upson Electric #2482 | 8/16 | $793,000.00 | 12/31/42 | 3.498% | Qtr. |
| Wild Rice Elec. #2595 | 8/16 | $1,000,000.00 | 12/31/43 | 3.524% | Qtr. |
| Harrison County Rural #2726 | 8/17 | $1,000,000.00 | 1/03/45 | 3.408% | Qtr. |
| Verendrye Elec. #2451 | 8/17 | $801,000.00 | 12/31/42 | 3.358% | Qtr. |
| White County Rural Elec. #2688 | 8/17 | $500,000.00 | 12/31/41 | 3.333% | Qtr. |
| Dairyland Power #2607 | 8/18 | $15,561,000.00 | 1/03/34 | 3.074% | Qtr. |
| KanOkla Telephone #2697 | 8/18 | $6,772,500.00 | 12/31/25 | 2.551% | Qtr. |
| Cherry-Todd Electric #2721 | 8/20 | $1,000,000.00 | 12/31/43 | 3.341% | Qtr. |
| Greenbelt Elec. #2763 | 8/20 | $2,990,000.00 | 1/03/11 | 0.175% | Qtr. |
| Mid-Ohio Energy #2429 | 8/20 | $4,000,000.00 | 1/03/11 | 0.175% | Qtr. |
| Upsala Coop. Tele. #2646 | 8/20 | $1,436,898.00 | 1/03/11 | 0.175% | Qtr. |
| Delaware Elec. #2570 | 8/23 | $16,000,000.00 | 12/31/20 | 1.966% | Qtr. |
| McLean Electric #2613 | 8/23 | $108,000.00 | 12/31/43 | 3.231% | Qtr. |
| P.K.M. Electric #2770 | 8/23 | $850,000.00 | 12/31/43 | 3.356% | Qtr. |
| White County Rural Elec. #2688 | 8/23 | $425,000.00 | 12/31/20 | 2.553% | Qtr. |
| Northwest Electric #2308 | 8/26 | $11,070,000.00 | 12/31/40 | 3.198% | Qtr. |
| Albemarle Electric Corp #2572 | 8/27 | $1,000,000.00 | 1/03/39 | 3.084% | Qtr. |
| W. Farmers Elec. Coop. #2579 | 8/30 | $3,914,000.00 | 12/31/43 | 3.381% | Qtr. |
| W. Farmers Elec. Coop. #2578 | 8/30 | $691,000.00 | 12/31/24 | 2.455% | Qtr. |
| Cape Hatteras Electric #2411 | 8/31 | $1,328,560.58 | 12/31/37 | 3.094% | Qtr. |
| Duck River E.M.C. #2663 | 8/31 | $5,000,000.00 | 12/31/43 | 3.275% | Qtr. |
| Illinois Electric #2501 | 8/31 | $4,175,000.00 | 1/03/12 | 0.337% | Qtr. |
| Jefferson Energy #2413 | 8/31 | $4,700,000.00 | 12/31/42 | 3.249% | Qtr. |
| Magnolia Electric #2656 | 8/31 | $15,000,000.00 | 1/03/39 | 3.025% | Qtr. |
| Midwest Energy #2521 | 8/31 | $7,000,000.00 | 12/31/42 | 3.249% | Qtr. |
| South Kentucky Electric #2494 | 8/31 | $13,762,000.00 | 12/31/42 | 3.249% | Qtr. |
| Western Indiana #2367 | 8/31 | $2,000,000.00 | 12/31/42 | 3.249% | Qtr. |
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | August 31, 2010 | July 31, 2010 | 8/01/10- 8/31/10 | 10/01/09- 8/31/10 |
| Agency Debt | ||||
| U.S. Postal Service | $6,541.6 | $6,878.0 | -$336.4 | -$3,658.4 |
| National Credit Union Adm.-CLF | $10,100.7 | $10,100.7 | $0.0 | -$8,283.4 |
| Federal Deposit Insurance Corp. | $0.0 | $0.0 | $0.0 | $0.0 |
| HOPE for Homeowners Bonds | $492.6 | $492.6 | $0.0 | $0.6 |
| Subtotal* | $17,134.9 | $17,471.3 | -$336.4 | -$11,941.2 |
| Agency Assets | ||||
| Rural Utilities Service-CBO | $2,717.9 | $2,717.9 | $0.0 | -$329.1 |
| Subtotal* | $2,717.9 | $2,717.9 | $0.0 | -$329.1 |
| Government-Guaranteed Lending | ||||
| DOD-Foreign Military Sales | $434.9 | $468.6 | -$33.7 | -$110.4 |
| DoEd-HBCU+ | $585.0 | $579.8 | $5.2 | $133.3 |
| DOE-Adv Technology Vehicles Mfg | $2,176.2 | $1,949.4 | $226.8 | $1,289.9 |
| DOE-Section 1703 (Non-Recovery) | $0.0 | $0.0 | $0.0 | $0.0 |
| DOE-Section 1705 (Recovery) | $439.8 | $422.7 | $17.1 | $418.4 |
| DHUD-Public Housing Notes | $0.0 | $0.0 | $0.0 | -$587.0 |
| General Services Administration+ | $1,969.8 | $1,981.7 | -$11.9 | -$56.6 |
| Rural Utilities Service | $25,879.0 | $25,594.4 | $284.7 | $3,487.9 |
| Rural Utilities Service-GETP | $3,000.0 | $3,000.0 | $0.0 | $0.0 |
| SBA-State/Local Development Cos. | $2.3 | $2.6 | -$0.3 | -$3.1 |
| DOT-Section 511 | $1.6 | $1.6 | $0.0 | -$0.2 |
| 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* | $34,493.5 | $34,005.6 | $487.9 | $4,572.2 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $54,346.3 | $54,194.8 | $151.5 | -$7,698.1 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |