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Negocios · 20/6/19961 min de lectura
Book-entry Procedures for Federal Agricultural Mortgage Corporation Securities
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Resumen
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).
Idioma original de la fuente: Federal Register — Farm Credit AdministrationAbrir el comunicado original →