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Geschäft · 20.6.19961 Min. Lesezeit
Book-entry Procedures for Federal Agricultural Mortgage Corporation Securities
Lokale automatische Übersetzung · Originalsprache der Quelle
Zusammenfassung
The Farm Credit System Reform Act of 1996 (1996 act) provides that the Federal Agricultural Mortgage Corporation (Farmer Mac) shall have access to the Federal Reserve Banks' book-entry system (Fed book- entry system). The Farm Credit Administration (FCA) is issuing a final rule authorizing the issuance of Farmer Mac securities in book-entry format. Farmer Mac will use the Fed book-entry system in connection with the issuance and settlement of its unsecured debt securities and its guaranteed securities using substantially the same procedures used by all other Government-sponsored enterprises (GSEs).
Originalsprache der Quelle: Federal Register — Farm Credit AdministrationOriginalquelle öffnen →