MAY 2011 NEWS RELEASE Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of April 2011. FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $53.8 billion on April 30, 2011, posting an increase of $2,013.9 million from the level on March 31, 2011. This net change was the result of increases in holdings of agency debt of $1,044.3 million and in net holdings of government-guaranteed loans of $969.7 million. The FFB made 125 disbursements and received one prepayment in the month of April. The FFB also reset the interest rate for 3 loans issued by the U.S. Postal Service, 18 loans guaranteed by the Department of Education, and 12 loans issued by the HOPE for Homeowners program during the month.
|
APRIL 2011 ACTIVITY
| Amount | Final | Interest | |||
|---|---|---|---|---|---|
| Borrower | Date | of Advance | Maturity | Rate | |
| AGENCY DEBT | |||||
| U.S. POSTAL SERVICE | |||||
| U.S. Postal Service | 4/01 | $3,100,000,000.00 | 4/04/11 | 0.156% | S/A |
| U.S. Postal Service | 4/01 | $408,000,000.00 | 4/04/11 | 0.156% | S/A |
| U.S. Postal Service | 4/04 | $3,337,000,000.00 | 4/05/11 | 0.176% | S/A |
| U.S. Postal Service | 4/04 | $264,900,000.00 | 4/05/11 | 0.145% | S/A |
| U.S. Postal Service | 4/05 | $3,000,000,000.00 | 4/06/11 | 0.156% | S/A |
| U.S. Postal Service | 4/05 | $227,700,000.00 | 4/06/11 | 0.176% | S/A |
| U.S. Postal Service | 4/06 | $2,800,000,000.00 | 4/07/11 | 0.145% | S/A |
| U.S. Postal Service | 4/06 | $267,500,000.00 | 4/07/11 | 0.156% | S/A |
| U.S. Postal Service | 4/07 | $2,587,000,000.00 | 4/08/11 | 0.176% | S/A |
| U.S. Postal Service | 4/07 | $314,600,000.00 | 4/08/11 | 0.156% | S/A |
| U.S. Postal Service | 4/08 | $2,400,000,000.00 | 4/11/11 | 0.156% | S/A |
| U.S. Postal Service | 4/08 | $372,800,000.00 | 4/11/11 | 0.145% | S/A |
| U.S. Postal Service | 4/11 | $2,248,000,000.00 | 4/12/11 | 0.156% | S/A |
| U.S. Postal Service | 4/11 | $326,800,000.00 | 4/12/11 | 0.145% | S/A |
| U.S. Postal Service | 4/12 | $2,000,000,000.00 | 4/13/11 | 0.145% | S/A |
| U.S. Postal Service | 4/12 | $331,900,000.00 | 4/13/11 | 0.145% | S/A |
| U.S. Postal Service | 4/13 | $1,840,000,000.00 | 4/14/11 | 0.145% | S/A |
| U.S. Postal Service | 4/13 | $342,600,000.00 | 4/14/11 | 0.156% | S/A |
| U.S. Postal Service | 4/14 | $1,700,000,000.00 | 4/15/11 | 0.145% | S/A |
| U.S. Postal Service | 4/14 | $312,400,000.00 | 4/15/11 | 0.166% | S/A |
| *U.S. Postal Service | 4/15 | $500,000,000.00 | 7/15/11 | 0.187% | S/A |
| *U.S. Postal Service | 4/15 | $1,000,000,000.00 | 7/15/11 | 0.187% | S/A |
| *U.S. Postal Service | 4/15 | $700,000,000.00 | 7/15/11 | 0.187% | S/A |
| U.S. Postal Service | 4/15 | $2,900,000,000.00 | 4/18/11 | 0.156% | S/A |
| U.S. Postal Service | 4/15 | $320,900,000.00 | 4/18/11 | 0.166% | S/A |
| U.S. Postal Service | 4/18 | $3,073,000,000.00 | 4/19/11 | 0.166% | S/A |
| U.S. Postal Service | 4/18 | $290,100,000.00 | 4/19/11 | 0.156% | S/A |
| U.S. Postal Service | 4/19 | $2,897,000,000.00 | 4/20/11 | 0.166% | S/A |
| U.S. Postal Service | 4/19 | $209,700,000.00 | 4/20/11 | 0.166% | S/A |
| U.S. Postal Service | 4/20 | $2,676,000,000.00 | 4/21/11 | 0.156% | S/A |
| U.S. Postal Service | 4/20 | $268,600,000.00 | 4/21/11 | 0.166% | S/A |
| U.S. Postal Service | 4/21 | $2,493,000,000.00 | 4/22/11 | 0.166% | S/A |
| U.S. Postal Service | 4/21 | $266,600,000.00 | 4/22/11 | 0.156% | S/A |
| U.S. Postal Service | 4/22 | $2,324,000,000.00 | 4/25/11 | 0.166% | S/A |
| U.S. Postal Service | 4/22 | $255,900,000.00 | 4/25/11 | 0.156% | S/A |
| U.S. Postal Service | 4/25 | $2,100,000,000.00 | 4/26/11 | 0.156% | S/A |
| U.S. Postal Service | 4/25 | $295,100,000.00 | 4/26/11 | 0.156% | S/A |
| U.S. Postal Service | 4/26 | $1,840,000,000.00 | 4/27/11 | 0.156% | S/A |
| U.S. Postal Service | 4/26 | $352,400,000.00 | 4/27/11 | 0.145% | S/A |
| U.S. Postal Service | 4/27 | $1,700,000,000.00 | 4/28/11 | 0.156% | S/A |
| U.S. Postal Service | 4/27 | $330,600,000.00 | 4/28/11 | 0.156% | S/A |
| U.S. Postal Service | 4/28 | $1,550,000,000.00 | 4/29/11 | 0.145% | S/A |
| U.S. Postal Service | 4/28 | $319,500,000.00 | 4/29/11 | 0.145% | S/A |
| U.S. Postal Service | 4/29 | $3,400,000,000.00 | 5/02/11 | 0.156% | S/A |
| U.S. Postal Service | 4/29 | $600,000,000.00 | 5/02/11 | 0.145% | S/A |
| GOVERNMENT-GUARANTEED LOANS | |||||
| DOE-ADV TECHNOLOGY VEHICLES MFG | |||||
| Vehicle Production Group | 4/07 | $6,034,029.00 | 3/15/18 | 2.213% | Qtr. |
| Fisker Automotive, Inc. | 4/21 | $3,973,000.00 | 4/24/17 | 1.817% | Qtr. |
| Fisker Automotive, Inc. | 4/21 | $2,967,200.00 | 4/22/26 | 3.239% | Qtr. |
| Ford Motor Company | 4/26 | $82,600,000.00 | 6/15/22 | 2.710% | Qtr. |
| Ford Motor Company | 4/26 | $32,800,000.00 | 6/15/22 | 2.710% | Qtr. |
| Tesla Motors, Inc. | 4/28 | $1,949,884.00 | 9/16/19 | 2.239% | Qtr. |
| Tesla Motors, Inc. | 4/28 | $6,786,457.00 | 9/15/22 | 2.740% | Qtr. |
| DOE-SECTION 1705 (RECOVERY) | |||||
| Beacon | 4/01 | $4,315,886.13 | 6/17/30 | 3.568% | Qtr. |
| Kahuku Wind Power | 4/04 | $6,181,172.41 | 6/28/28 | 3.472% | Qtr. |
| Kahuku Wind Power | 4/04 | $758,211.36 | 6/28/28 | 3.472% | Qtr. |
| Solar Partners VIII | 4/07 | $105,596,286.77 | 10/27/14 | 2.024% | S/A |
| Solar Partners I | 4/07 | $111,015,529.43 | 6/27/14 | 1.855% | S/A |
| Solar Partners II | 4/07 | $110,132,562.33 | 2/27/14 | 1.688% | S/A |
| Abound Solar Mfg. | 4/19 | $10,995,535.00 | 3/09/22 | 3.334% | Qtr. |
| Arizona Solar One | 4/19 | $83,227,727.23 | 6/15/39 | 4.602% | S/A |
| Solyndra | 4/19 | $12,336,466.88 | 8/15/16 | 1.480% | Qtr. |
| Kahuku Wind Power | 4/28 | $628,904.08 | 6/28/28 | 3.379% | Qtr. |
| Great Basin Transmission | 4/28 | $2,817,083.81 | 9/28/40 | 4.377% | Qtr. |
| Beacon | 4/29 | $2,777,093.29 | 6/17/30 | 3.418% | Qtr. |
| DEPARTMENT OF EDUCATION | |||||
| *Bennett College | 4/01 | $292,003.69 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $162,845.04 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $398,209.65 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $68,188.73 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $111,914.52 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $337,700.82 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $500,845.60 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $509,385.50 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $512,161.16 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $750,980.16 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $792,394.66 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $595,311.72 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $637,769.43 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $840,978.72 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $830,854.03 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $852,306.73 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $731,149.12 | 10/03/11 | 0.176% | S/A |
| *Bennett College | 4/01 | $935,013.39 | 10/03/11 | 0.176% | S/A |
| Bennett College | 4/08 | $895,162.14 | 4/01/27 | 4.164% | S/A |
| Tuskegee Univ. | 4/08 | $1,174,003.94 | 12/03/40 | 4.375% | S/A |
| Wiley College | 4/08 | $5,096,985.63 | 10/01/41 | 4.349% | S/A |
| Harris Stowe State Univ. | 4/20 | $1,492,524.54 | 7/02/40 | 4.179% | S/A |
| Southern University | 4/20 | $148,508.49 | 6/01/11 | 0.044% | S/A |
| Dillard University | 4/27 | $323,206.58 | 6/01/11 | 0.026% | S/A |
| Florida Memorial Univ. | 4/27 | $2,526,572.89 | 10/01/36 | 4.302% | S/A |
| RURAL UTILITIES SERVICE | |||||
| Rich Mountain Elec Coop #2866 | 4/01 | $3,000,000.00 | 1/03/45 | 4.243% | Qtr. |
| Sho-Me Power #2615 | 4/01 | $3,500,000.00 | 12/31/43 | 4.218% | Qtr. |
| Beartooth Elec. Coop. #2462 | 4/04 | $250,000.00 | 12/31/42 | 4.171% | Qtr. |
| Central Georgia Elec. #2456 | 4/04 | $14,741,000.00 | 12/31/42 | 4.171% | Qtr. |
| Irwin Electric #2669 | 4/04 | $5,000,000.00 | 12/31/43 | 4.193% | Qtr. |
| Johnson County Elec. #2346 | 4/04 | $1,500,000.00 | 12/31/41 | 4.147% | Qtr. |
| McLean Electric #2613 | 4/04 | $460,000.00 | 12/31/43 | 4.038% | Qtr. |
| Mountrail-Williams #2788 | 4/04 | $4,275,000.00 | 1/03/45 | 4.215% | Qtr. |
| Minnesota Valley Coop. #2892 | 4/04 | $8,360,000.00 | 10/01/12 | 0.532% | Qtr. |
| Basin Electric #2873 | 4/05 | $75,384,000.00 | 1/03/39 | 4.056% | Qtr. |
| Basin Electric #2878 | 4/05 | $17,526,000.00 | 1/03/39 | 4.056% | Qtr. |
| Kiwash Electric #2589 | 4/05 | $2,000,000.00 | 12/31/43 | 4.193% | Qtr. |
| White River Valley Elec #2803 | 4/05 | $6,500,000.00 | 1/03/45 | 4.218% | Qtr. |
| Lewis County RECA #2832 | 4/06 | $2,500,000.00 | 12/31/41 | 4.180% | Qtr. |
| Bartlett Elec. #2824 | 4/07 | $2,185,000.00 | 1/03/45 | 4.319% | Qtr. |
| Tri-State #2298 | 4/08 | $6,360,000.00 | 12/31/37 | 4.157% | Qtr. |
| Tri-State #2606 | 4/08 | $2,818,000.00 | 1/03/40 | 4.228% | Qtr. |
| Valley Telecom #2592 | 4/08 | $1,250,000.00 | 6/30/14 | 1.383% | Qtr. |
| Stearns Cooperative #2634 | 4/11 | $2,000,000.00 | 12/31/43 | 4.336% | Qtr. |
| Verendrye Elec. #2451 | 4/11 | $1,994,000.00 | 12/31/42 | 4.315% | Qtr. |
| Vernon Electric Coop. #2642 | 4/11 | $1,500,000.00 | 12/31/43 | 4.336% | Qtr. |
| Illinois Electric #2501 | 4/12 | $4,430,000.00 | 10/01/12 | 0.511% | Qtr. |
| KanOkla Telephone #2697 | 4/12 | $2,000,000.00 | 12/31/25 | 3.406% | Qtr. |
| Brown County Elec. #2883 | 4/14 | $1,250,000.00 | 9/30/11 | 0.104% | Qtr. |
| Burke-David Elec. #2758 | 4/14 | $1,469,000.00 | 12/31/43 | 4.251% | Qtr. |
| Navajo Tribal #2814 | 4/14 | $2,400,000.00 | 9/30/11 | 0.104% | Qtr. |
| Basin Electric #2875 | 4/15 | $97,288,000.00 | 1/03/40 | 4.143% | Qtr. |
| Basin Electric #2876 | 4/15 | $5,741,000.00 | 12/31/30 | 3.742% | Qtr. |
| Citizens Elec. #2686 | 4/15 | $5,000,000.00 | 1/03/39 | 4.111% | Qtr. |
| Mountain View Electric #2897 | 4/15 | $5,000,000.00 | 1/03/45 | 4.268% | Qtr. |
| Deep East Texas Elec. #2506 | 4/20 | $3,400,000.00 | 12/31/42 | 4.107% | Qtr. |
| Douglas Electric #2869 | 4/21 | $250,000.00 | 1/02/46 | 4.215% | Qtr. |
| Mid-Ohio Energy #2429 | 4/21 | $1,500,000.00 | 9/30/11 | 0.100% | Qtr. |
| North Central Elec Coop #2850 | 4/21 | $7,000,000.00 | 1/03/45 | 4.194% | Qtr. |
| Heartland Rural Elec. #2562 | 4/22 | $960,000.00 | 1/03/39 | 4.027% | Qtr. |
| Howard Electric #2797 | 4/22 | $500,000.00 | 6/30/16 | 2.174% | Qtr. |
| Lyon-Coffey Electric #2695 | 4/22 | $700,000.00 | 1/03/45 | 4.187% | Qtr. |
| Upsala Coop. Tele. #2646 | 4/22 | $227,959.00 | 9/30/11 | 0.101% | Qtr. |
| Blue Ridge Elec. #2522 | 4/25 | $5,165,198.93 | 12/31/42 | 4.144% | Qtr. |
| Brunswick Elec. #2900 | 4/25 | $16,000,000.00 | 1/02/46 | 4.211% | Qtr. |
| Caddo Elec. Coop. #2904 | 4/25 | $6,790,000.00 | 1/02/46 | 4.211% | Qtr. |
| Midwest Electric, Inc. #2464 | 4/25 | $2,700,000.00 | 12/31/42 | 4.144% | Qtr. |
| North Carolina RSA 3 Tel #2009 | 4/25 | $4,560,187.00 | 1/02/18 | 1.874% | Qtr. |
| Orcas Power and Light #2911 | 4/25 | $2,322,000.00 | 1/02/46 | 4.211% | Qtr. |
| Whetstone Valley #2852 | 4/25 | $1,000,000.00 | 9/30/11 | 0.101% | Qtr. |
| Ark Valley Elec Coop #2621 | 4/26 | $2,064,000.00 | 12/31/43 | 4.149% | Qtr. |
| I35 Telephone #2792 | 4/27 | $1,809,448.00 | 1/02/29 | 3.317% | Qtr. |
| Ragland Telephone #2316 | 4/27 | $399,682.00 | 1/02/29 | 3.428% | Qtr. |
| Reservation Tel Coop #2863 | 4/27 | $9,916,249.00 | 9/30/11 | 0.100% | Qtr. |
| Farmers' Elec Coop. Inc #2386 | 4/28 | $1,132,000.00 | 12/31/42 | 4.119% | Qtr. |
| Fulton County REMC #2905 | 4/28 | $320,000.00 | 1/02/46 | 4.188% | Qtr. |
| Northern Plains Elec. #2751 | 4/28 | $3,500,000.00 | 1/03/45 | 4.165% | Qtr. |
| Valley Rural Elec. Coop. #2722 | 4/28 | $3,500,000.00 | 1/03/45 | 4.164% | Qtr. |
| Arizona Electric #2548 | 4/29 | $7,319,000.00 | 12/31/35 | 3.835% | Qtr. |
| Kansas Elec. Power #2647 | 4/29 | $44,204.00 | 12/31/20 | 2.524% | Qtr. |
| Kansas Elec. Power #2649 | 4/29 | $1,164,000.00 | 12/31/43 | 4.117% | Qtr. |
| AGENCY DEBT | |||||
| HOPE FOR HOMEOWNERS | |||||
| *HOPE Bonds | 4/15 | $29,535,000.00 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $62,028.36 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $1,084,546.89 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $145,483.86 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $209,680.01 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $461,000,000.00 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $226,957.01 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $89,335.75 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $61,915.09 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $198,881.68 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $189,973.48 | 7/15/11 | 0.072% | Qtr. |
| *HOPE Bonds | 4/15 | $183,417.52 | 7/15/11 | 0.072% | Qtr. |
| HOPE Bonds | 4/15 | $178,609.95 | 7/15/11 | 0.072% | Qtr. |
S/A is a Semiannual rate
Qtr. is a Quarterly rate
* maturity extension or interest rate reset or principal rollover
(in millions of dollars)
| Monthly | Fiscal Year | |||
|---|---|---|---|---|
| Net Change | Net Change | |||
| Program | April 30, 2011 | March 31, 2011 | 4/01/11- 4/30/11 | 10/01/10- 4/30/11 |
| Agency Debt | ||||
| U.S. Postal Service | $12,700.0 | $11,655.9 | $1,044.1 | $700.0 |
| National Credit Union Adm.-CLF | $0.0 | $0.0 | $0.0 | -$10,100.7 |
| Federal Deposit Insurance Corp. | $0.0 | $0.0 | $0.0 | $0.0 |
| HOPE for Homeowners Bonds | $493.2 | $493.0 | $0.2 | $0.6 |
| Subtotal* | $13,193.2 | $12,148.9 | $1,044.3 | -$9,400.2 |
| Agency Assets | ||||
| Rural Utilities Service-CBO | $1,977.9 | $1,977.9 | $0.0 | -$380.0 |
| Subtotal* | $1,977.9 | $1,977.9 | $0.0 | -$380.0 |
| Government-Guaranteed Lending | ||||
| DOD-Foreign Military Sales | $353.6 | $353.8 | -$0.2 | -$63.7 |
| DoEd-HBCU+ | $650.3 | $639.0 | $11.3 | $38.7 |
| DOE-Adv Technology Vehicles Mfg | $3,782.4 | $3,645.3 | $137.1 | $1,315.0 |
| DOE-Section 1703 (Non-Recovery) | $0.0 | $0.0 | $0.0 | $0.0 |
| DOE-Section 1705 (Recovery) | $1,351.7 | $900.9 | $450.8 | $888.0 |
| General Services Administration+ | $1,931.4 | $1,932.4 | -$1.0 | -$35.4 |
| Rural Utilities Service | $27,442.0 | $27,070.1 | $371.9 | $1,536.1 |
| Rural Utilities Service-GETP | $3,150.0 | $3,150.0 | $0.0 | $150.0 |
| SBA-State/Local Development Cos. | $0.9 | $1.1 | -$0.2 | -$1.2 |
| DOT-Section 511 | $1.4 | $1.4 | $0.0 | -$0.1 |
| 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* | $38,668.4 | $37,698.8 | $969.7 | $3,827.3 |
| ========= | ========= | ========= | ========= | |
| Grand total* | $53,839.5 | $51,825.6 | $2,013.9 | -$5,952.9 |
| _______________________________________ | ||||
| * figures may not total due to rounding | ||||
| + does not include capitalized interest |