비즈니스 · 1996. 6. 20.1 분 읽기
Book-entry Procedures for Federal Agricultural Mortgage Corporation Securities
로컬 자동 번역 · 원본 출처 언어
요약
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).