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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 March 2013.

FFB holdings of obligations issued, sold or guaranteed by other Federal agencies totaled $71.0 billion on March 31, 2013, posting an increase of $459.7 million from the level on February 28, 2013. This net change was the result of a decrease in holdings of agency debt of $187.0 million and an increase in net holdings of government-guaranteed loans of $646.7 million. The FFB made 122 disbursements and received two prepayments in the month of March. The FFB also reset the interest rate for three loans issued by the U.S. Postal Service.

Attached to this release are tables presenting FFB March loan activity and FFB holdings as of March 31, 2013.

FEDERAL FINANCING BANK
MARCH 2013 ACTIVITY

Amount Final Interest
Borrower Date of Advance Maturity Rate
AGENCY DEBT
U.S. POSTAL SERVICE
U.S. Postal Service 3/01 $775,000,000.00 3/04/13 0.237% S/A
U.S. Postal Service 3/01 $255,600,000.00 3/04/13 0.196% S/A
U.S. Postal Service 3/04 $900,000,000.00 3/05/13 0.196% S/A
U.S. Postal Service 3/04 $250,200,000.00 3/05/13 0.186% S/A
U.S. Postal Service 3/05 $563,000,000.00 3/07/13 0.196% S/A
U.S. Postal Service 3/05 $243,400,000.00 3/07/13 0.216% S/A
U.S. Postal Service 3/07 $429,000,000.00 3/08/13 0.216% S/A
U.S. Postal Service 3/07 $28,400,000.00 3/08/13 0.226% S/A
U.S. Postal Service 3/08 $222,000,000.00 3/11/13 0.216% S/A
U.S. Postal Service 3/08 $65,000,000.00 3/11/13 0.216% S/A
U.S. Postal Service 3/11 $118,500,000.00 3/12/13 0.216% S/A
U.S. Postal Service 3/15 $371,000,000.00 3/18/13 0.216% S/A
U.S. Postal Service 3/15 $275,600,000.00 3/18/13 0.196% S/A
*U.S. Postal Service 3/18 $600,000,000.00 6/18/13 0.228% S/A
*U.S. Postal Service 3/18 $700,000,000.00 6/17/13 0.227% S/A
U.S. Postal Service 3/18 $569,000,000.00 3/19/13 0.206% S/A
U.S. Postal Service 3/18 $306,100,000.00 3/19/13 0.196% S/A
*U.S. Postal Service 3/19 $500,000,000.00 6/19/13 0.218% S/A
U.S. Postal Service 3/19 $331,000,000.00 3/20/13 0.196% S/A
U.S. Postal Service 3/19 $289,900,000.00 3/20/13 0.206% S/A
U.S. Postal Service 3/20 $218,000,000.00 3/21/13 0.196% S/A
U.S. Postal Service 3/20 $298,200,000.00 3/21/13 0.206% S/A
U.S. Postal Service 3/21 $345,700,000.00 3/22/13 0.206% S/A
U.S. Postal Service 3/22 $170,900,000.00 3/25/13 0.196% S/A
U.S. Postal Service 3/29 $3,400,000,000.00 4/01/13 0.186% S/A
U.S. Postal Service 3/29 $599,600,000.00 4/01/13 0.166% S/A
GOVERNMENT-GUARANTEED LOANS
DOE-SECTION 1705 (RECOVERY)
Solar Partners VIII 3/05 $11,656,770.01 10/27/38 2.867% S/A
Solar Partners I 3/05 $6,518,262.43 6/27/33 2.600% S/A
Solar Partners II 3/05 $8,499,587.62 3/01/38 2.823% S/A
Great Basin Transmission 3/08 $36,226,004.06 9/28/40 4.587% Qtr.
Great Basin Transmission 3/08 $727,397.79 9/28/40 4.379% Qtr.
Great Basin Transmission 3/08 $3,029,709.99 9/28/40 4.282% Qtr.
Great Basin Transmission 3/08 $6,016,275.17 9/28/40 4.001% Qtr.
Great Basin Transmission 3/08 $9,724,582.31 9/28/40 3.993% Qtr.
Great Basin Transmission 3/08 $11,285,024.92 9/28/40 3.844% Qtr.
Great Basin Transmission 3/08 $17,142,077.44 9/28/40 3.350% Qtr.
Great Basin Transmission 3/08 $2,933,617.38 9/28/40 3.082% Qtr.
Great Basin Transmission 3/08 $8,825,624.09 9/28/40 2.974% Qtr.
Great Basin Transmission 3/08 $1,639,226.14 9/28/40 3.077% Qtr.
Great Basin Transmission 3/08 $11,087,950.28 9/28/40 2.916% Qtr.
Great Basin Transmission 3/08 $10,008,764.84 9/28/40 2.839% Qtr.
Great Basin Transmission 3/08 $12,289,890.77 9/28/40 2.915% Qtr.
Great Basin Transmission 3/08 $9,610,577.71 9/28/40 2.516% Qtr.
Great Basin Transmission 3/08 $11,166,474.90 9/28/40 2.414% Qtr.
Great Basin Transmission 3/08 $8,166,208.83 9/28/40 2.545% Qtr.
Great Basin Transmission 3/08 $7,738,053.80 9/28/40 2.578% Qtr.
Great Basin Transmission 3/08 $4,849,915.83 9/28/40 2.690% Qtr.
Great Basin Transmission 3/08 $5,209,655.30 9/28/40 2.544% Qtr.
Great Basin Transmission 3/08 $8,892,161.63 9/28/40 2.680% Qtr.
Great Basin Transmission 3/08 $7,852,359.58 9/28/40 2.912% Qtr.
Great Basin Transmission 3/08 $5,060,508.30 9/28/40 2.838% Qtr.
Tonopah 3/26 $62,379,539.54 12/22/36 2.908% S/A
AV Solar 3/27 $57,655,741.61 1/05/37 2.759% Qtr.
High Plains Ranch II 3/28 $64,828,189.27 2/05/37 2.828% S/A
High Plains Ranch II 3/28 $38,000,000.00 2/05/37 2.828% S/A
Mojave Solar 3/28 $43,516,590.68 12/15/36 2.784% S/A
Great Basin Transmission 3/28 $5,495,887.08 9/28/40 2.828% Qtr.
Solar Partners VIII 3/29 $9,752,007.71 10/27/38 2.868% S/A
Solar Partners I 3/29 $5,192,875.35 6/27/33 2.589% S/A
Solar Partners II 3/29 $4,149,104.91 3/01/38 2.824% S/A
DEPARTMENT OF EDUCATION
Huston-Tillotson Univ. 3/20 $237,499.60 4/01/42 2.675% S/A
Meharry Medical College 3/20 $966,193.62 5/01/42 2.642% S/A
Tuskegee Univ. 3/20 $3,889,350.89 12/03/40 2.570% S/A
Wiley College 3/20 $17,842.10 10/01/41 2.594% S/A
LeMOYNE-OWEN COLLEGE 3/27 $998,002.40 4/01/42 2.640% S/A
Huston-Tillotson Univ. 3/29 $222,943.14 4/01/42 2.638% S/A
RURAL UTILITIES SERVICE
Kirkwood Meadows Pub. Util #31 3/01 $1,000,000.00 12/31/47 2.750% Qtr.
Kirkwood Meadows Pub. Util #31 3/01 $1,500,000.00 12/31/47 2.750% Qtr.
Kirkwood Meadows Pub. Util #31 3/01 $2,000,000.00 12/31/47 2.750% Qtr.
Kirkwood Meadows Pub. Util #31 3/01 $14,486,000.00 12/31/47 2.750% Qtr.
Kirkwood Meadows Pub. Util #31 3/01 $1,651,000.00 12/31/47 2.750% Qtr.
Lemon Weir Valley Tele. #2884 3/01 $3,234,349.00 12/31/29 1.926% Qtr.
Mohave Electric #2942 3/01 $13,875,000.00 7/01/13 0.119% Qtr.
Black Hills Elec. Coop. #2378 3/04 $2,000,000.00 12/31/37 2.362% Qtr.
Capital Electric Coop #2760 3/04 $2,000,000.00 7/01/13 0.116% Qtr.
Cloverland #2777 3/04 $2,703,000.00 1/03/45 2.632% Qtr.
Douglas Electric #2869 3/04 $110,000.00 1/02/46 2.661% Qtr.
Midwest Electric #3187 3/04 $1,700,000.00 12/31/46 2.692% Qtr.
Southeastern Elec. Coop. #3152 3/04 $3,000,000.00 12/31/46 2.691% Qtr.
Tongue River #2960 3/04 $425,000.00 1/02/46 2.661% Qtr.
Pickwick Electric Coop. #2913 3/05 $3,900,000.00 12/31/40 2.509% Qtr.
Four County Electric #2794 3/07 $6,000,000.00 1/03/40 2.538% Qtr.
Jackson Elec. Membership #3116 3/07 $28,000,000.00 12/31/46 2.780% Qtr.
Mon-Cre Telephone #2805 3/07 $185,202.00 7/01/13 0.107% Qtr.
Morgan County Elec. #2766 3/07 $2,500,000.00 1/03/45 2.723% Qtr.
Pembroke Telephone #2979 3/07 $621,662.00 7/01/13 0.107% Qtr.
Sumter Elec Coop. Inc. #2956 3/07 $30,000,000.00 1/02/46 2.641% Qtr.
Associated Electric #2791 3/08 $48,000,000.00 12/31/40 2.629% Qtr.
Comanche County Elec. #3131 3/08 $1,393,000.00 3/31/16 0.405% Qtr.
Cornbelt Power #2517 3/08 $731,000.00 1/02/29 1.900% Qtr.
Dakota Valley Electric #3177 3/08 $2,000,000.00 12/31/46 2.831% Qtr.
Harrison County Rural #2726 3/08 $2,000,000.00 7/01/13 0.103% Qtr.
KBR Rural Public Power #3172 3/08 $891,000.00 12/31/46 2.832% Qtr.
Kenergy Corp. #2928 3/08 $13,000,000.00 7/01/13 0.103% Qtr.
Menard Elec. #2605 3/08 $2,000,000.00 12/31/42 2.706% Qtr.
Minnesota Valley Coop. #2892 3/08 $3,489,000.00 7/01/13 0.103% Qtr.
Northern Neck Elec. #3110 3/08 $3,200,000.00 12/31/46 2.830% Qtr.
Northern Plains Elec. #3175 3/08 $3,000,000.00 12/31/46 2.831% Qtr.
Northwest Electric #3102 3/08 $2,350,000.00 12/31/46 2.828% Qtr.
Shelby Energy Coop. #2972 3/08 $5,000,000.00 7/01/13 0.103% Qtr.
Victoria Electric #2919 3/08 $3,500,000.00 1/02/46 2.801% Qtr.
West Central Electric #3186 3/08 $2,640,000.00 12/31/46 2.832% Qtr.
Jemez Mountains Elec. #2772 3/11 $10,400,000.00 1/03/45 2.834% Qtr.
Central Elec. Coop. #3077 3/12 $2,000,000.00 1/02/46 2.865% Qtr.
Oglethorpe Power #2934 3/12 $20,734,516.76 12/31/40 2.693% Qtr.
Sac Osage Electric Coop. #3144 3/12 $500,000.00 12/31/46 2.894% Qtr.
FEM Electric #2925 3/14 $660,000.00 1/02/46 2.828% Qtr.
Great Lakes Energy #2997 3/14 $10,000,000.00 1/02/46 2.828% Qtr.
H-D Electric #2893 3/14 $601,000.00 1/03/45 2.800% Qtr.
Howard Electric #2797 3/14 $2,000,000.00 3/31/15 0.274% Qtr.
Johnson County Elec. #3056 3/14 $2,000,000.00 12/31/41 2.698% Qtr.
Meade County Elec. #2843 3/14 $7,810,000.00 6/30/14 0.185% Qtr.
Missoula Elec. #2677 3/14 $1,850,000.00 6/30/23 1.958% Qtr.
Oahe Elec. Coop. #2862 3/14 $1,365,000.00 1/03/45 2.800% Qtr.
Ozark Border Elec Coop #2844 3/14 $6,000,000.00 1/03/45 2.800% Qtr.
Roosevelt County Elec. #2861 3/15 $1,387,600.00 1/03/45 2.819% Qtr.
Wheat State Tele. #3100 3/15 $401,680.00 7/01/13 0.106% Qtr.
Ashley-Chicot Elec. #2584 3/18 $755,000.00 3/31/33 2.595% Qtr.
Baldwin Telecom, Inc. #2999 3/18 $167,000.00 7/01/13 0.096% Qtr.
Otero County Electric #3190 3/18 $3,988,000.00 12/31/46 2.852% Qtr.
TRANSCO #2323 3/18 $8,546,000.00 12/31/35 2.422% Qtr.
Basin Electric #2878 3/19 $22,800,000.00 1/03/39 2.510% Qtr.
Coop. Assn. Lake Cty #2412 3/19 $712,000.00 7/01/13 0.072% Qtr.
Central Power Elec. #2529 3/19 $1,885,000.00 7/01/13 0.072% Qtr.
North Western Elec Coop #2804 3/19 $600,000.00 12/31/40 2.595% Qtr.
Pee Dee Elec. #2909 3/19 $4,000,000.00 4/02/18 0.797% Qtr.
Southern Iowa Electric #3155 3/19 $761,000.00 12/31/46 2.802% Qtr.
Scenic Rivers Energy #2952 3/19 $2,000,000.00 1/02/46 2.770% Qtr.
York Electric Coop. #2618 3/19 $5,000,000.00 9/30/13 0.114% Qtr.
Arkansas Valley Elec. #2882 3/20 $8,000,000.00 3/31/23 1.227% Qtr.
Arkansas Valley Elec. #2882 3/20 $5,000,000.00 3/31/33 2.173% Qtr.
Lea County Elec. Coop. #2567 3/20 $10,938,237.33 12/31/43 2.664% Qtr.
Hart Elec. #2759 3/21 $5,000,000.00 1/03/45 2.751% Qtr.
Macon Electric Coop. #3070 3/21 $3,500,000.00 4/02/18 0.792% Qtr.
Lighthouse Elec. #3029 3/22 $5,497,577.22 1/02/46 2.640% Qtr.
Petit Jean Electric #2796 3/22 $2,500,000.00 1/03/45 2.721% Qtr.
Springer Electric Coop. #2421 3/22 $1,150,000.00 12/31/42 2.652% Qtr.
East Mississippi Elec. #2943 3/25 $5,000,000.00 4/02/18 0.498% Qtr.
Rich Mountain Elec Coop #2866 3/26 $3,060,749.84 1/03/45 2.707% Qtr.
Three River Elec. Coop #2601 3/26 $1,000,000.00 12/31/43 2.675% Qtr.
Baltic Telecom Coop. #810 3/27 $1,347,475.00 7/01/13 0.072% Qtr.
PUD-Jefferson Cty #3195 3/27 $114,743,000.00 12/31/41 2.603% Qtr.
Grundy Elec. Coop. #3137 3/28 $450,000.00 7/01/13 0.093% Qtr.
Jackson Electric #2356 3/28 $1,300,000.00 12/31/42 2.589% Qtr.
M & A Electric #3111 3/28 $8,652,000.00 1/03/45 2.657% Qtr.
San Miguel Electric #2723 3/28 $819,977.07 12/31/36 2.332% Qtr.
Marquette-Adams Telephone #303 3/29 $447,011.00 7/01/13 0.073% 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 March 31, 2013 February 28, 2013 3/01/13- 3/31/13 10/01/12- 3/31/13
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 $959.5 $1,146.5 -$187.0 -$187.0
Subtotal* $959.5 $1,146.5 -$187.0 -$187.0
Government-Guaranteed Lending
DOD-Foreign Military Sales $134.2 $151.9 -$17.7 -$54.2
DoEd-HBCU+ $951.4 $945.3 $6.1 $28.6
DOE-Adv Technology Vehicles Mfg $6,689.0 $6,852.8 -$163.8 -$250.9
DOE-Section 1703 (Non-Recovery) $0.0 $0.0 $0.0 $0.0
DOE-Section 1705 (Recovery) $7,104.9 $6,789.7 $315.1 $1,936.7
General Services Administration+ $1,777.4 $1,781.5 -$4.1 -$41.7
Rural Utilities Service $34,179.0 $33,667.9 $511.2 $1,249.2
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 $0.8 $0.9 -$0.1 -$0.2
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* $54,515.4 $53,868.6 $646.7 $2,867.4
========= ========= ========= =========
Grand total* $70,968.2 $70,508.5 $459.7 $2,680.7
_______________________________________
* figures may not total due to rounding
+ does not include capitalized interest