TeachMeFinance.com - explain Federal Farm Credit Banks Funding Corporation (FFCBFC)
Federal Farm Credit Banks Funding Corporation (FFCBFC) The term 'Federal Farm Credit Banks Funding Corporation (FFCBFC) ' as it applies to the area of agriculture can be defined as ' An entity within the Farm Credit System (FCS) that manages and coordinates the sale of system-wide bonds and notes in the national financial markets. Since the FCS, by law, is not permitted to accept customer deposits, these bonds and notes are the FCS’s primary source of loanable funds'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.