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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 February 2013.

      FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $70.5 billion on February 28, 2013, posting an increase of $647.9 million from the level on January 31, 2013. This net change was the result of an increase in net holdings of government-guaranteed loans of $647.9 million.  The FFB made 96 disbursements and received 11 prepayments in the month of February.  
         

Attached to this release are tables presenting FFB February loan activity and FFB holdings as of February 28, 2013.
FEDERAL FINANCING BANK
FEBRUARY 2013 ACTIVITY

Amount Final Interest
Borrower Date of Advance Maturity Rate
AGENCY DEBT
U.S. POSTAL SERVICE
U.S. Postal Service 2/01 $743,000,000.00 2/04/13 0.166% S/A
U.S. Postal Service 2/01 $381,000,000.00 2/04/13 0.145% S/A
U.S. Postal Service 2/04 $1,076,000,000.00 2/05/13 0.166% S/A
U.S. Postal Service 2/04 $237,800,000.00 2/05/13 0.155% S/A
U.S. Postal Service 2/05 $654,000,000.00 2/06/13 0.145% S/A
U.S. Postal Service 2/05 $321,400,000.00 2/06/13 0.186% S/A
U.S. Postal Service 2/06 $600,000,000.00 2/07/13 0.155% S/A
U.S. Postal Service 2/06 $222,000,000.00 2/07/13 0.186% S/A
U.S. Postal Service 2/07 $423,000,000.00 2/08/13 0.186% S/A
U.S. Postal Service 2/07 $221,600,000.00 2/08/13 0.155% S/A
U.S. Postal Service 2/08 $268,000,000.00 2/11/13 0.186% S/A
U.S. Postal Service 2/08 $216,400,000.00 2/11/13 0.155% S/A
U.S. Postal Service 2/11 $281,400,000.00 2/12/13 0.176% S/A
U.S. Postal Service 2/12 $42,000,000.00 2/13/13 0.206% S/A
U.S. Postal Service 2/15 $700,000,000.00 2/19/13 0.216% S/A
U.S. Postal Service 2/15 $154,600,000.00 2/19/13 0.216% S/A
U.S. Postal Service 2/19 $860,000,000.00 2/20/13 0.226% S/A
U.S. Postal Service 2/19 $209,800,000.00 2/20/13 0.216% S/A
U.S. Postal Service 2/20 $600,000,000.00 2/21/13 0.216% S/A
U.S. Postal Service 2/20 $171,800,000.00 2/21/13 0.247% S/A
U.S. Postal Service 2/21 $422,000,000.00 2/22/13 0.216% S/A
U.S. Postal Service 2/21 $216,400,000.00 2/22/13 0.247% S/A
U.S. Postal Service 2/22 $200,000,000.00 2/25/13 0.247% S/A
U.S. Postal Service 2/22 $246,300,000.00 2/25/13 0.237% S/A
U.S. Postal Service 2/25 $206,500,000.00 2/26/13 0.216% S/A
U.S. Postal Service 2/28 $3,400,000,000.00 3/01/13 0.237% S/A
U.S. Postal Service 2/28 $599,600,000.00 3/01/13 0.196% S/A
GOVERNMENT-GUARANTEED LOANS
DOE-SECTION 1705 (RECOVERY)
Agua Caliente 2/01 $28,020,761.95 4/06/37 2.833% Qtr.
AV Solar 2/05 $37,130,568.77 1/05/37 2.809% Qtr.
Mojave Solar 2/05 $52,813,977.66 12/15/36 2.881% S/A
AV Solar 2/26 $50,211,380.50 1/05/37 2.717% Qtr.
Tonopah 2/26 $45,696,092.82 12/22/36 2.855% S/A
Agua Caliente 2/28 $15,061,896.95 4/06/37 2.762% Qtr.
Mojave Solar 2/28 $37,535,462.50 12/15/36 2.813% S/A
Great Basin Transmission 2/28 $5,060,508.30 9/28/40 2.840% Qtr.
DEPARTMENT OF EDUCATION
Huston-Tillotson Univ. 2/08 $211,706.51 4/01/42 2.718% S/A
LeMOYNE-OWEN COLLEGE 2/08 $424,888.60 4/01/42 2.677% S/A
LeMOYNE-OWEN COLLEGE 2/22 $481,697.14 4/01/42 2.688% S/A
Meharry Medical College 2/22 $740,270.00 5/01/42 2.693% S/A
Tuskegee Univ. 2/22 $1,376,220.87 12/03/40 2.623% S/A
Virginia Union Univ. 2/22 $66,551.40 5/01/42 2.683% S/A
Wiley College 2/22 $19,123.00 10/01/41 2.644% S/A
RURAL UTILITIES SERVICE
Prairie Elec. #3067 2/01 $4,300,000.00 1/02/46 2.771% Qtr.
Bon Homme Yankton Elec. #2687 2/04 $880,000.00 12/31/43 2.747% Qtr.
Marshall Cty Rural Elec #2582 2/04 $3,047,000.00 12/31/43 2.747% Qtr.
Pee Dee Elec. #2909 2/04 $4,000,000.00 4/02/18 0.894% Qtr.
Rappahannock Electric #2857 2/04 $4,810,000.00 1/03/45 2.778% Qtr.
Valley Rural Elec. Coop. #2722 2/04 $3,200,000.00 1/03/45 2.778% Qtr.
Wash.-St. Tammany Elec. #2887 2/04 $5,000,000.00 1/03/45 2.778% Qtr.
Arkansas Elec. #3169 2/05 $240,090,540.00 12/31/41 2.640% Qtr.
North Georgia Elec. #2448 2/05 $14,326,000.00 3/31/33 2.237% Qtr.
Upsala Coop. Tele. #2646 2/05 $463,490.00 7/01/13 0.097% Qtr.
Newberry Electric #2718 2/06 $1,275,000.00 1/03/45 2.780% Qtr.
Piedmont Elec. Memb. #3148 2/06 $5,000,000.00 12/31/46 2.840% Qtr.
Edgecombe-Martin County #2422 2/07 $1,500,000.00 12/31/42 2.678% Qtr.
TRANSCO #2323 2/07 $2,582,000.00 12/31/35 2.387% Qtr.
Butte Electric Coop #2636 2/08 $1,332,000.00 12/31/43 2.702% Qtr.
Consolidated Tel. Co. #2774 2/08 $700,000.00 12/31/29 2.005% Qtr.
Wood County Electric #3176 2/08 $9,500,000.00 12/31/46 2.793% Qtr.
Licking Valley Elec. #3118 2/11 $797,000.00 7/01/13 0.098% Qtr.
Mille Lacs Energy #2727 2/11 $2,000,000.00 7/01/13 0.098% Qtr.
Tri-County Tel Assoc #2681 2/11 $1,899,451.00 7/01/13 0.098% Qtr.
Farmers' Elec. #2779 2/12 $3,000,000.00 1/03/45 2.731% Qtr.
BEDFORD #2746 2/14 $1,500,000.00 1/03/45 2.804% Qtr.
Crow Wing Cooperative #3006 2/14 $3,100,000.00 7/01/13 0.112% Qtr.
Fulton County REMC #2905 2/14 $750,000.00 1/02/46 2.833% Qtr.
Goodhue County #2557 2/14 $409,000.00 12/31/43 2.772% Qtr.
KEM Electric #2976 2/14 $500,000.00 1/02/46 2.834% Qtr.
Kenergy Corp. #2928 2/14 $7,500,000.00 7/01/13 0.111% Qtr.
Indian Electric #2583 2/15 $3,032,271.68 12/31/43 2.714% Qtr.
NC Telephone #3025 2/15 $254,555.00 12/31/25 1.666% Qtr.
Newberry Electric #2718 2/19 $3,725,000.00 1/03/45 2.757% Qtr.
RT Communications #2831 2/19 $1,412,963.00 7/01/13 0.117% Qtr.
Singing River Electric #2704 2/19 $10,000,000.00 1/03/40 2.575% Qtr.
Union Electric #2492 2/19 $15,000,000.00 12/31/37 2.491% Qtr.
Deep East Texas Elec. #3020 2/20 $5,400,000.00 12/31/42 2.719% Qtr.
Valley Telecom #2592 2/20 $562,491.00 12/31/29 2.061% Qtr.
Central Georgia Elec. #2456 2/25 $2,089,488.00 12/31/42 2.661% Qtr.
Marquette-Adams Telephone #303 2/25 $243,208.00 7/01/13 0.136% Qtr.
Molalla Tele. Co. #2981 2/25 $240,229.00 12/31/31 2.088% Qtr.
Bartlett Elec. #2824 2/26 $735,000.00 1/03/45 2.647% Qtr.
Blue Ridge Elec. #2617 2/26 $11,300,000.00 12/31/43 2.615% Qtr.
Chippewa Valley Electric #3174 2/26 $3,000,000.00 12/31/46 2.707% Qtr.
Clarke Electric #3149 2/26 $4,200,000.00 3/31/43 2.596% Qtr.
Illinois Electric #3015 2/26 $2,400,000.00 6/30/14 0.185% Qtr.
Nodak Electric Coop. #2454 2/26 $3,233,000.00 12/31/41 2.543% Qtr.
North Western Elec Coop #2804 2/26 $600,000.00 7/01/13 0.131% Qtr.
South Miss. Elec. #2714 2/26 $9,391,000.00 12/31/40 2.504% Qtr.
South Miss. Elec. #2967 2/26 $11,241,000.00 12/31/40 2.504% Qtr.
Sho-Me Power #2615 2/26 $2,500,000.00 12/31/43 2.516% Qtr.
Swan's Island Electric #3061 2/26 $129,000.00 1/02/46 2.677% Qtr.
Brazos Electric #2978 2/27 $11,285,000.00 7/01/13 0.143% Qtr.
Excelsior Elec. #2541 2/27 $3,000,000.00 12/31/43 2.612% Qtr.
Minnkota Power #3105 2/27 $37,000,000.00 1/02/46 2.673% Qtr.
Kansas Elec. Power #3142 2/28 $62,000.00 12/31/20 0.904% Qtr.
Kansas Elec. Power #3143 2/28 $897,000.00 12/31/43 2.647% 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 February 28, 2013 January 31, 2013 2/01/13- 2/28/13 10/01/12- 2/28/13
Agency Debt
U.S. Postal Service $14,999.6 $14,999.6 $0.0 $0.0
National Credit Union Adm.-CLF $0.0 $0.0 $0.0 $0.0
Federal Deposit Insurance Corp. $0.0 $0.0 $0.0 $0.0
HOPE for Homeowners Bonds      $493.7      $493.7        $0.0        $0.3
Subtotal* $15,493.3 $15,493.3 $0.0 $0.3
Agency Assets
Rural Utilities Service-CBO    $1,146.5    $1,146.5        $0.0        $0.0
Subtotal* $1,146.5 $1,146.5 $0.0 $0.0
Government-Guaranteed Lending
DOD-Foreign Military Sales $151.9 $178.7 -$26.8 -$36.5
DoEd-HBCU+ $945.3 $943.0 $2.3 $22.6
DOE-Adv Technology Vehicles Mfg $6,852.8 $6,852.8 $0.0 -$87.1
DOE-Section 1703 (Non-Recovery) $0.0 $0.0 $0.0 $0.0
DOE-Section 1705 (Recovery) $6,789.7 $6,547.5 $242.2 $1,621.5
General Services Administration+ $1,781.5 $1,783.5 -$2.0 -$37.6
Rural Utilities Service $33,667.9 $33,235.6 $432.3 $738.0
Rural Utilities Service-GETP $3,674.0 $3,674.0 $0.0 $0.0
SBA-State/Local Development Cos. $0.0 $0.0 $0.0 $0.0
DOT-Section 511 $0.9 $0.9 $0.0 -$0.1
VA Homeless Veterans Housing+ $4.7 $4.7 $0.0 $0.0
Federal Family Ed. Loan Conduit        $0.0        $0.0        $0.0        $0.0
Subtotal* $53,868.6 $53,220.7 $647.9 $2,220.7
========= ========= ========= =========
Grand total* $70,508.5 $69,860.5 $647.9 $2,221.0
_______________________________________
* figures may not total due to rounding
+ does not include capitalized interest