| Security |
Maturity
Range |
Issuance
Frequency |
Denomination
minimum par
amounts/increments |
Pricing
and Interest Payments |
| Discount Notes - Bloomberg: FFCB <go>, Reuters: FFCB04 |
| Discount Notes |
One
day to 365 days |
Generally, issued
on a daily basis (as needed) |
$5,000
/ $1,000 |
Discounted
from par value |
| Bonds - Bloomberg: FFCB <go>, Reuters: FFCB03,07,08, TradeWeb (Designated Bonds only) |
Designated*
|
Typically
two to ten years
|
Quarterly, as needed
|
$5,000
/ $1,000 |
Fixed-Rate -
rate is fixed at time of issue; interest generally
is paid on a semi-annual basis
|
| Bonds* |
Three months
to 30 years, typically one to five years |
Issued throughout the
month |
Fixed-Rate:
$5,000 / $1,000
Floating-Rate:
$100,000 / $1,000
Structured:
$100,000 / $1,000 |
Fixed-Rate -
rate is fixed at time of issue; interest
is generally paid on a semi-annual basis for maturities
of 12 months or longer
Interest is generally paid only at maturity
on issues that mature in less than 12 months
Floating-Rate - rates that are subject
to periodic readjustment based on an index
or formula; interest is paid as indicated
in the Term Sheet
|
| Master Notes |
| Master
Notes |
Typically
one year |
Individually negotiated
agreements |
Minimum
issue size $25 million |
Interest is generally paid on the first Business Day of each month and at maturity; the "Contract Interest Rate" is specified in the Purchase Agreement and may be fixed or determined by reference to a specified money market rate |
