Dictionary of Banking Terms: Federal Financing Bank (FFB)
Federal Financing Bank (FFB)
agency in the U.S. Treasury established by Congress in 1973 to centralize borrowing by federal agencies. The FFB makes loans at favorable rates to agencies that do not have ready access to the credit markets; its debt is a direct obligation of the U.S. Treasury.
Dictionary of Finance and Investment Terms: Federal Financing Bank (FFB)
Federal Financing Bank (FFB)
U.S. government-owned bank that consolidates financing activities of government agencies in order to reduce borrowing costs.
