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DECEMBER 2010 NEWS RELEASE

 Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of November 2010.

FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $51.9 billion on November 30, 2010, posting a decrease of $168.3 million from the level on October 31, 2010. This net change was the result of a decrease in holdings of agency debt of $293.0 million and an increase in net holdings of government-guaranteed loans of $124.7 million.  The FFB made 89 disbursements and received 65 prepayments in the month of October.  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, 2010.

FEDERAL FINANCING BANK
NOVEMBER 2010 ACTIVITY

Amount Final Interest
Borrower Date of Advance Maturity Rate
AGENCY DEBT
U.S. POSTAL SERVICE
U.S. Postal Service 11/01 $2,200,000,000.00 11/02/10 0.267% S/A
U.S. Postal Service 11/01 $209,400,000.00 11/02/10 0.267% S/A
U.S. Postal Service 11/02 $1,900,000,000.00 11/03/10 0.267% S/A
U.S. Postal Service 11/02 $228,000,000.00 11/03/10 0.257% S/A
U.S. Postal Service 11/03 $1,700,000,000.00 11/04/10 0.267% S/A
U.S. Postal Service 11/03 $255,200,000.00 11/04/10 0.257% S/A
U.S. Postal Service 11/04 $1,400,000,000.00 11/05/10 0.257% S/A
U.S. Postal Service 11/04 $335,100,000.00 11/05/10 0.257% S/A
U.S. Postal Service 11/05 $1,200,000,000.00 11/08/10 0.257% S/A
U.S. Postal Service 11/05 $316,900,000.00 11/08/10 0.257% S/A
U.S. Postal Service 11/08 $950,000,000.00 11/09/10 0.257% S/A
U.S. Postal Service 11/08 $337,000,000.00 11/09/10 0.247% S/A
U.S. Postal Service 11/09 $700,000,000.00 11/10/10 0.257% S/A
U.S. Postal Service 11/09 $334,000,000.00 11/10/10 0.237% S/A
U.S. Postal Service 11/10 $560,000,000.00 11/12/10 0.247% S/A
U.S. Postal Service 11/10 $333,400,000.00 11/12/10 0.247% S/A
U.S. Postal Service 11/12 $1,600,000,000.00 11/15/10 0.237% S/A
U.S. Postal Service 11/12 $400,500,000.00 11/15/10 0.237% S/A
U.S. Postal Service 11/15 $1,865,000,000.00 11/16/10 0.247% S/A
U.S. Postal Service 11/15 $298,100,000.00 11/16/10 0.247% S/A
U.S. Postal Service 11/16 $1,765,000,000.00 11/17/10 0.237% S/A
U.S. Postal Service 11/16 $99,800,000.00 11/17/10 0.257% S/A
U.S. Postal Service 11/17 $1,400,000,000.00 11/18/10 0.247% S/A
U.S. Postal Service 11/17 $285,600,000.00 11/18/10 0.257% S/A
U.S. Postal Service 11/18 $1,200,000,000.00 11/19/10 0.257% S/A
U.S. Postal Service 11/18 $298,600,000.00 11/19/10 0.257% S/A
U.S. Postal Service 11/19 $1,000,000,000.00 11/22/10 0.257% S/A
U.S. Postal Service 11/19 $304,100,000.00 11/22/10 0.247% S/A
U.S. Postal Service 11/22 $800,000,000.00 11/23/10 0.257% S/A
U.S. Postal Service 11/22 $308,900,000.00 11/23/10 0.247% S/A
U.S. Postal Service 11/23 $550,000,000.00 11/24/10 0.247% S/A
U.S. Postal Service 11/23 $231,900,000.00 11/24/10 0.277% S/A
U.S. Postal Service 11/24 $320,000,000.00 11/26/10 0.247% S/A
U.S. Postal Service 11/24 $274,000,000.00 11/26/10 0.287% S/A
U.S. Postal Service 11/26 $1,350,000,000.00 11/29/10 0.277% S/A
U.S. Postal Service 11/26 $397,800,000.00 11/29/10 0.287% S/A
U.S. Postal Service 11/29 $1,600,000,000.00 11/30/10 0.287% S/A
U.S. Postal Service 11/29 $405,100,000.00 11/30/10 0.287% S/A
U.S. Postal Service 11/30 $2,600,000,000.00 12/01/10 0.287% S/A
U.S. Postal Service 11/30 $305,000,000.00 12/01/10 0.308% S/A
GOVERNMENT-GUARANTEED LOANS
DOE-SECTION 1705 (RECOVERY)
Solyndra 11/10 $32,175,700.80 8/15/16 1.006% Qtr.
Kahuku Wind Power 11/23 $10,794,198.98 6/28/28 2.915% Qtr.
Beacon 11/30 $4,844,196.16 6/17/30 3.041% Qtr.
GENERAL SERVICES ADMINISTRATION
San Francisco Bldg Lease 11/22 $91,450.00 8/01/35 3.659% S/A
DEPARTMENT OF EDUCATION
*Tuskegee Univ. 11/01 $2,000,000.00 5/02/11 0.174% S/A
Florida Memorial Univ. 11/18 $276,731.56 10/01/31 3.967% S/A
Harris Stowe State Univ. 11/18 $510,724.50 7/02/40 3.931% S/A
Tougaloo College 11/18 $653,999.35 12/01/10 0.132% S/A
Talladega College 11/23 $29,835.02 10/02/28 3.705% S/A
Bennett College 11/30 $140,106.68 10/01/25 3.453% S/A
Bennett College 11/30 $830,854.03 4/01/11 0.192% S/A
RURAL UTILITIES SERVICE
Farmer's Rural Elec. #2388 11/01 $1,000,000.00 12/31/40 3.491% Qtr.
Freeborn-Mower Coop. #2444 11/01 $1,500,000.00 12/31/42 3.559% Qtr.
Northern Neck Elec. #2404 11/01 $2,400,000.00 12/31/42 3.559% Qtr.
Nobles Cooperative Elec #2580 11/01 $650,000.00 12/31/43 3.590% Qtr.
Southwest Mississippi #2622 11/02 $2,600,000.00 12/31/43 3.613% Qtr.
Central Power Elec. #2529 11/04 $2,845,000.00 3/31/11 0.149% Qtr.
Alabama Electric #2338 11/05 $15,452,000.00 12/31/35 3.216% Qtr.
Sho-Me Power #2615 11/05 $3,000,000.00 12/31/43 3.585% Qtr.
Agralite Elec. #2369 11/08 $690,000.00 12/31/42 3.627% Qtr.
Goodhue County #2557 11/08 $500,000.00 12/31/43 3.662% Qtr.
Howell-Oregon Elec. #2403 11/08 $2,000,000.00 12/31/42 3.627% Qtr.
New-Mac Electric #2799 11/08 $3,000,000.00 1/03/45 3.699% Qtr.
Tideland Electric #2573 11/09 $2,500,000.00 12/31/15 1.145% Qtr.
Tri-County EMC GA #2733 11/09 $3,100,000.00 1/03/45 3.700% Qtr.
United Farmers Tele. #2535 11/10 $80,475.00 12/31/29 2.985% Qtr.
W. Farmers Elec. Coop. #2318 11/12 $531,000.00 12/31/24 2.407% Qtr.
W. Farmers Elec. Coop. #2319 11/12 $2,789,000.00 12/31/40 3.670% Qtr.
W. Farmers Elec. Coop. #2579 11/12 $6,299,000.00 12/31/43 3.787% Qtr.
W. Farmers Elec. Coop. #2578 11/12 $1,111,000.00 12/31/24 2.406% Qtr.
Mecklenburg Electric #2630 11/15 $2,100,000.00 12/31/43 3.832% Qtr.
Prairie Energy Coop. #2491 11/15 $1,000,000.00 12/31/42 3.797% Qtr.
TRANSCO #2323 11/15 $4,700,000.00 12/31/35 3.472% Qtr.
Holy Cross Elec Assn. #2725 11/16 $7,837,679.00 12/31/40 3.861% Qtr.
Lacreek Electric #2468 11/16 $1,727,000.00 12/31/42 3.932% Qtr.
Petit Jean Electric #2796 11/17 $3,000,000.00 1/03/45 3.885% Qtr.
Consolidated Elec Coop #2672 11/19 $3,000,000.00 3/31/11 0.171% Qtr.
S. Maryland Elec. #2782 11/19 $15,664,000.00 1/03/45 3.921% Qtr.
West Carolina Tele. #2648 11/19 $5,978,609.00 3/31/11 0.171% Qtr.
White River Valley Elec #2803 11/19 $22,900,000.00 12/31/40 3.922% Qtr.
Central Elec. Power #2285 11/22 $4,571,000.00 1/02/18 2.085% Qtr.
Four County Electric #2794 11/22 $17,000,000.00 1/03/40 3.724% Qtr.
Mid-Carolina Elec. #2511 11/22 $23,000,000.00 12/31/42 3.825% Qtr.
Mountrail-Williams #2788 11/22 $9,260,000.00 1/03/45 3.885% Qtr.
Appalachian Elec. #2623 11/23 $8,000,000.00 12/31/43 3.797% Qtr.
Valley Telecom #2592 11/24 $1,600,000.00 12/31/13 0.701% Qtr.
Craig-Botetourt #2374 11/26 $1,268,000.00 12/31/42 3.872% Qtr.
Consolidated Tel. Co. #2774 11/26 $12,723,871.00 6/30/26 3.130% Qtr.
West Central Electric #2441 11/26 $360,000.00 12/31/42 3.872% Qtr.
West River Elec. #2731 11/30 $3,230,000.00 1/03/45 3.805% 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, 2010 October 31, 2010 11/01/10-11/30/10 10/01/10-11/30/10
Agency Debt
U.S. Postal Service $13,305.0 $13,598.0 -$293.0 $1,305.0
National Credit Union Adm.-CLF $95.7 $95.7 $0.0 -$10,005.0
Federal Deposit Insurance Corp. $0.0 $0.0 $0.0 $0.0
HOPE for Homeowners Bonds      $492.8      $492.8        $0.0        $0.2
Subtotal* $13,893.5 $14,186.5 -$293.0 -$8,699.8
Agency Assets
Rural Utilities Service-CBO    $2,357.9    $2,357.9        $0.0        $0.0
Subtotal* $2,357.9 $2,357.9 $0.0 $0.0
Government-Guaranteed Lending
DOD-Foreign Military Sales $412.0 $417.0 -$5.0 -$5.3
DoEd-HBCU+ $622.0 $619.8 $2.3 $10.4
DOE-Adv Technology Vehicles Mfg $2,582.1 $2,582.1 $0.0 $114.7
DOE-Section 1703 (Non-Recovery) $0.0 $0.0 $0.0 $0.0
DOE-Section 1705 (Recovery) $541.4 $493.6 $47.8 $77.8
General Services Administration+ $1,955.4 $1,965.8 -$10.3 -$11.3
Rural Utilities Service $26,536.4 $26,446.3 $90.2 $630.5
Rural Utilities Service-GETP $3,000.0 $3,000.0 $0.0 $0.0
SBA-State/Local Development Cos. $1.6 $1.8 -$0.2 -$0.5
DOT-Section 511 $1.5 $1.5 $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* $35,657.3 $35,532.6 $124.7 $816.1
========= ========= ========= =========
Grand total* $51,908.7 $52,077.0 -$168.3 -$7,883.7
_______________________________________
* figures may not total due to rounding
+ does not include capitalized interest