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Bedrijven · 20-6-19961 min lezen

Book-entry Procedures for Federal Agricultural Mortgage Corporation Securities

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Samenvatting

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).

Oorspronkelijke brontaal: Federal Register — Farm Credit AdministrationOrigineel bericht openen →