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SEPTEMBER 2011 NEWS RELEASE

Gary H. Burner, Chief Financial Officer, Federal Financing Bank (FFB) announced the following activity for the month of August 2011.

     FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $55.5 billion on August 31, 2011, posting a decrease of $216.6 million from the level on July 31, 2011. This net change was the result of a decrease in net holdings of agency debt of $798.6 million and an increase in net holdings of government-guaranteed loans of $582.0 million.  The FFB made 135 disbursements in the month of August.

Attached to this release are tables presenting FFB August loan activity and FFB holdings as of August 31, 2011.


FEDERAL FINANCING BANK
AUGUST 2011 ACTIVITY

Amount Final Interest
Borrower Date of Advance Maturity Rate
AGENCY DEBT
U.S. POSTAL SERVICE
U.S. Postal Service 8/01 $2,614,000,000.00 8/02/11 0.227% S/A
U.S. Postal Service 8/01 $218,200,000.00 8/02/11 0.267% S/A
U.S. Postal Service 8/02 $2,300,000,000.00 8/03/11 0.298% S/A
U.S. Postal Service 8/02 $237,200,000.00 8/03/11 0.176% S/A
U.S. Postal Service 8/03 $2,045,000,000.00 8/04/11 0.267% S/A
U.S. Postal Service 8/03 $270,500,000.00 8/04/11 0.135% S/A
U.S. Postal Service 8/04 $1,821,000,000.00 8/05/11 0.176% S/A
U.S. Postal Service 8/04 $289,900,000.00 8/05/11 0.135% S/A
U.S. Postal Service 8/05 $2,757,000,000.00 8/08/11 0.135% S/A
U.S. Postal Service 8/05 $366,100,000.00 8/08/11 0.135% S/A
U.S. Postal Service 8/08 $3,034,000,000.00 8/09/11 0.135% S/A
U.S. Postal Service 8/08 $264,900,000.00 8/09/11 0.145% S/A
U.S. Postal Service 8/09 $2,855,000,000.00 8/10/11 0.135% S/A
U.S. Postal Service 8/09 $216,200,000.00 8/10/11 0.145% S/A
U.S. Postal Service 8/10 $2,684,000,000.00 8/11/11 0.145% S/A
U.S. Postal Service 8/10 $324,100,000.00 8/11/11 0.145% S/A
U.S. Postal Service 8/11 $2,526,000,000.00 8/12/11 0.145% S/A
U.S. Postal Service 8/11 $353,200,000.00 8/12/11 0.135% S/A
U.S. Postal Service 8/12 $2,439,000,000.00 8/15/11 0.145% S/A
U.S. Postal Service 8/12 $272,800,000.00 8/15/11 0.135% S/A
U.S. Postal Service 8/15 $2,300,000,000.00 8/16/11 0.135% S/A
U.S. Postal Service 8/15 $269,400,000.00 8/16/11 0.125% S/A
U.S. Postal Service 8/16 $2,000,000,000.00 8/17/11 0.135% S/A
U.S. Postal Service 8/16 $290,600,000.00 8/17/11 0.145% S/A
U.S. Postal Service 8/17 $1,857,000,000.00 8/18/11 0.125% S/A
U.S. Postal Service 8/17 $263,300,000.00 8/18/11 0.135% S/A
U.S. Postal Service 8/18 $1,672,000,000.00 8/19/11 0.145% S/A
U.S. Postal Service 8/18 $283,600,000.00 8/19/11 0.135% S/A
U.S. Postal Service 8/19 $2,672,000,000.00 8/22/11 0.135% S/A
U.S. Postal Service 8/19 $353,800,000.00 8/22/11 0.125% S/A
U.S. Postal Service 8/22 $2,919,000,000.00 8/23/11 0.135% S/A
U.S. Postal Service 8/22 $269,700,000.00 8/23/11 0.135% S/A
U.S. Postal Service 8/23 $2,756,000,000.00 8/24/11 0.125% S/A
U.S. Postal Service 8/23 $198,100,000.00 8/24/11 0.135% S/A
U.S. Postal Service 8/24 $2,570,000,000.00 8/25/11 0.135% S/A
U.S. Postal Service 8/24 $252,400,000.00 8/25/11 0.145% S/A
U.S. Postal Service 8/25 $2,400,000,000.00 8/26/11 0.135% S/A
U.S. Postal Service 8/25 $289,900,000.00 8/26/11 0.135% S/A
U.S. Postal Service 8/26 $2,200,000,000.00 8/29/11 0.145% S/A
U.S. Postal Service 8/26 $294,200,000.00 8/29/11 0.125% S/A
U.S. Postal Service 8/29 $2,041,000,000.00 8/30/11 0.135% S/A
U.S. Postal Service 8/29 $244,300,000.00 8/30/11 0.125% S/A
U.S. Postal Service 8/30 $1,726,000,000.00 8/31/11 0.125% S/A
U.S. Postal Service 8/30 $318,400,000.00 8/31/11 0.135% S/A
U.S. Postal Service 8/31 $2,300,000,000.00 9/01/11 0.125% S/A
U.S. Postal Service 8/31 $384,800,000.00 9/01/11 0.135% S/A
GOVERNMENT-GUARANTEED LOANS
DOE-ADV TECHNOLOGY VEHICLES MFG
Vehicle Production Group 8/12 $3,880,479.00 3/15/18 0.905% Qtr.
DOE-SECTION 1705 (RECOVERY)
Great Basin Transmission 8/01 $10,682,505.46 9/28/40 3.907% Qtr.
Arizona Solar One 8/09 $27,808,670.71 6/15/39 3.695% S/A
Agua Caliente 8/10 $85,740,440.38 4/06/37 3.237% Qtr.
Abound Solar Mfg. 8/16 $6,206,023.00 3/09/22 2.119% Qtr.
Record Hill Wind LLC 8/17 $69,054,958.83 12/26/29 2.776% Qtr.
Solyndra 8/24 $975,629.55 8/15/16 0.545% Qtr.
Solar Partners VIII 8/30 $21,848,233.20 10/27/38 3.465% S/A
Solar Partners I 8/30 $22,715,038.85 6/27/33 3.184% S/A
Solar Partners II 8/30 $28,913,212.24 3/01/38 3.408% S/A
Great Basin Transmission 8/30 $16,390,463.38 9/28/40 3.381% Qtr.
Beacon 8/31 $95,603.47 6/17/30 2.315% Qtr.
USG OREGON, LLC 8/31 $2,328,421.49 2/12/35 2.997% S/A
DEPARTMENT OF EDUCATION
Florida Memorial Univ. 8/04 $1,189,606.23 4/01/39 3.833% S/A
Wiley College 8/04 $192,519.60 10/01/41 3.467% S/A
Harris Stowe State Univ. 8/15 $1,731,388.84 7/02/40 3.175% S/A
Wiley College 8/15 $244,223.81 10/01/41 3.176% S/A
Xavier University 8/15 $1,653,198.25 12/01/11 0.031% S/A
Tougaloo College 8/22 $657,017.49 12/01/11 0.024% S/A
Tuskegee Univ. 8/22 $1,202,071.88 12/03/40 2.899% S/A
Bennett College 8/30 $163,582.09 4/02/29 3.062% S/A
Bennett College 8/31 $388,578.19 10/01/29 2.991% S/A
Bennett College 8/31 $369,114.39 10/03/11 0.010% S/A
RURAL UTILITIES SERVICE
Dakota Energy Coop. #2962 8/01 $2,375,000.00 1/02/46 3.776% Qtr.
East Central Oklahoma #2757 8/01 $7,153,000.00 1/03/12 0.151% Qtr.
Hamilton County Elec. #2596 8/01 $1,800,000.00 12/31/43 3.717% Qtr.
Newton County Rural Elec #2937 8/01 $430,000.00 1/02/46 3.774% Qtr.
Washington Electric #2809 8/01 $500,000.00 1/03/45 3.746% Qtr.
Blue Ridge Electric Memb #2822 8/02 $10,000,000.00 1/03/45 3.697% Qtr.
Butte Electric Coop #2636 8/02 $1,000,000.00 12/31/43 3.667% Qtr.
KODIAK ELECTRIC ASSOCI #2795 8/02 $1,500,000.00 1/03/39 3.483% Qtr.
Powder River Energy #2765 8/02 $18,300,000.00 1/03/45 3.696% Qtr.
Rural Elec. Conven. #2602 8/02 $1,000,000.00 1/03/12 0.145% Qtr.
Stearns Cooperative #2634 8/02 $2,000,000.00 12/31/43 3.667% Qtr.
Tri-County Tel Assoc #2681 8/02 $1,721,201.00 1/03/12 0.145% Qtr.
Venture Communications #2503 8/03 $3,337,959.00 1/03/28 2.633% Qtr.
Associated Electric #2791 8/04 $40,927,000.00 12/31/40 3.398% Qtr.
N.E. Missouri Elec. #2420 8/04 $4,000,000.00 12/31/40 3.397% Qtr.
Northwestern Elec Coop #2431 8/04 $3,500,000.00 12/31/42 3.465% Qtr.
Farmers' Elec. #2779 8/05 $3,000,000.00 1/03/45 3.340% Qtr.
McLean Electric #2613 8/05 $584,000.00 12/31/43 3.170% Qtr.
Northfork Electric #2479 8/05 $1,493,000.00 12/31/42 3.284% Qtr.
Prairie Energy Coop. #2491 8/05 $1,000,000.00 12/31/12 0.173% Qtr.
W. Farmers Elec. Coop. #2318 8/05 $1,852,000.00 12/31/24 2.136% Qtr.
W. Farmers Elec. Coop. #2319 8/05 $9,721,000.00 12/31/40 3.215% Qtr.
W. Farmers Elec. Coop. #2424 8/05 $584,000.00 12/31/24 2.136% Qtr.
W. Farmers Elec. Coop. #2425 8/05 $3,307,000.00 12/31/40 3.215% Qtr.
W. Farmers Elec. Coop. #2579 8/05 $10,107,000.00 12/31/43 3.312% Qtr.
W. Farmers Elec. Coop. #2578 8/05 $1,784,000.00 12/31/24 2.136% Qtr.
Karnes Elec. #2761 8/08 $4,000,000.00 1/03/45 3.462% Qtr.
Triangle Telephone Coop #2594 8/10 $3,276,000.00 12/31/30 2.455% Qtr.
Dakota Valley Electric #2703 8/12 $2,000,000.00 1/03/45 3.361% Qtr.
East-Central Iowa Rural #2574 8/12 $2,900,000.00 12/31/43 3.327% Qtr.
Farmers Telecom. #2639 8/12 $584,469.00 6/30/14 0.301% Qtr.
Fulton County REMC #2905 8/12 $153,000.00 1/02/46 3.396% Qtr.
Hoosier Energy Elec. #2341 8/12 $48,810,000.00 12/31/35 2.939% Qtr.
Lake Region Elec. #2921 8/12 $2,800,000.00 1/02/46 3.396% Qtr.
Logan County Coop. #2463 8/12 $1,500,000.00 12/31/42 3.289% Qtr.
Central Texas Elec. #2826 8/15 $4,000,000.00 1/03/45 3.261% Qtr.
Washington Electric #2809 8/16 $500,000.00 1/03/45 3.304% Qtr.
Howell-Oregon Elec. #2403 8/17 $3,000,000.00 12/31/42 3.166% Qtr.
Atchison-Holt Elec. #2568 8/18 $911,000.00 12/31/43 3.107% Qtr.
Maquoketa Valley #2860 8/18 $3,000,000.00 1/02/46 3.171% Qtr.
Tri-County Electric #2927 8/18 $12,500,000.00 1/02/46 3.026% Qtr.
Duck River E.M.C. #2663 8/19 $5,000,000.00 12/31/43 2.996% Qtr.
Farmers Elec Coop Corp #2581 8/19 $1,200,000.00 12/31/43 2.996% Qtr.
Heartland Rural Elec. #2562 8/19 $804,000.00 1/03/39 2.796% Qtr.
Mon-Cre Telephone #2805 8/19 $54,274.00 1/03/12 0.028% Qtr.
Nelson Tele. Coop. #2775 8/19 $1,400,000.00 1/03/12 0.028% Qtr.
Bowie-Cass Elec. Coop. #2475 8/22 $12,924,693.16 12/31/37 2.603% Qtr.
Interstate Tele #2476 8/22 $1,339,418.00 12/31/26 1.933% Qtr.
Reservation Tel Coop #2863 8/22 $9,708,270.00 1/03/12 0.031% Qtr.
Agralite Elec. #2854 8/23 $2,114,000.00 1/03/45 3.009% Qtr.
Codington-Clark Elec. #2838 8/23 $800,000.00 1/03/45 3.009% Qtr.
Central Virginia Elec. #2657 8/23 $2,000,000.00 12/31/43 2.976% Qtr.
Farmer's Rural Elec. #2388 8/23 $750,000.00 12/31/40 2.868% Qtr.
Great Lakes Energy #2470 8/23 $5,000,000.00 12/31/42 2.943% Qtr.
Kalona Cooperative #2659 8/23 $121,993.00 1/02/29 2.122% Qtr.
Midstate Communications #2477 8/23 $873,396.00 1/03/28 2.098% Qtr.
Red River Valley #2881 8/23 $2,000,000.00 1/03/45 3.009% Qtr.
N. Carolina Elec. #2359 8/24 $4,008,000.00 1/03/39 2.836% Qtr.
Sothwest Louisiana Elec #2629 8/24 $10,000,000.00 12/31/43 3.033% Qtr.
Woodstock #2801 8/24 $389,031.00 12/31/30 2.316% Qtr.
Southeastern Elec. Coop. #2438 8/25 $2,500,000.00 12/31/42 3.161% Qtr.
Three River Elec. Coop #2601 8/29 $1,000,000.00 12/31/43 3.095% Qtr.
Farmers' Elec. #2779 8/30 $4,000,000.00 1/03/45 3.216% Qtr.
Arizona Electric #2675 8/31 $8,286,000.00 1/02/35 2.679% Qtr.
ENERGYUNITED #2837 8/31 $10,000,000.00 1/03/45 3.116% Qtr.
Hart Elec. #2759 8/31 $15,000,000.00 1/03/45 3.115% Qtr.



FEDERAL FINANCING BANK HOLDINGS
(in millions of dollars)


Monthly Fiscal Year
Net Change Net Change
Program August 31, 2011 July 31, 2011 8/01/11- 8/31/11 10/01/10- 8/31/11
Agency Debt
U.S. Postal Service $11,484.8 $12,283.4 -$798.6 -$515.2
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      $493.3      $493.3        $0.0        $0.6
Subtotal* $11,978.1 $12,776.7 -$798.6 -$10,615.3
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 $312.1 $345.0 -$32.9 -$105.1
DoEd-HBCU+ $712.1 $704.5 $7.6 $100.4
DOE-Adv Technology Vehicles Mfg $4,422.9 $4,419.0 $3.9 $1,955.5
DOE-Section 1703 (Non-Recovery) $0.0 $0.0 $0.0 $0.0
DOE-Section 1705 (Recovery) $1,917.1 $1,624.3 $292.8 $1,453.5
General Services Administration+ $1,899.9 $1,913.4 -$13.5 -$66.8
Rural Utilities Service $29,132.0 $28,807.8 $324.2 $3,226.0
Rural Utilities Service-GETP $3,150.0 $3,150.0 $0.0 $150.0
SBA-State/Local Development Cos. $0.6 $0.6 $0.0 -$1.5
DOT-Section 511 $1.3 $1.3 $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* $41,552.9 $40,970.9 $582.0 $6,711.7
========= ========= ========= =========
Grand total* $55,508.8 $55,725.4 -$216.6 -$4,283.6
_______________________________________
* figures may not total due to rounding
+ does not include capitalized interest