Definition of Federal Farm Credit Banks Funding Corporation (FFCBFC)

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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'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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