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Profiles of Existing Government Corporations - US Government ...

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K<br />

59<br />

COWORATION PROFILE<br />

PCBslPLBs~<br />

GovERwlIEwT IDAN LIKIT: None specified in enabling legielationb<br />

G~~ZWXENT BONROWINC: None<br />

REPAYMENT To Go-: None<br />

ToTAL EQUITY: S1,483,457,000<br />

GO- EQUITY: None<br />

~PROPRIATIONS TO EQUITY: None<br />

O'RUR EQUITY: S1,483,457,000<br />

GOVEMMENT EQUITY LINIT: None epocified in enabling legielation<br />

TOTN, INTZRZST EXPEXSB: s3,803,796,000<br />

INTEREST PAIDGO-: Nona<br />

I-ST PAIDOTEERS: $3,SO3,796,000<br />

INTEREST RECEIVED: S3,622,281,000<br />

NOTES:<br />

a. Although l mtablishod July 17, 1916, pursuant to Section 4 <strong>of</strong><br />

the Pmdoral Pam Loan Act, as amended, FLBs vora designated<br />

as fadorally chartwed inmtrummntalitfas <strong>of</strong> tha U.S. on<br />

Decmbar 10, 1971.<br />

b. Enabling logi8lation doom not l pacify a limit on govarnmant<br />

borrowing or borrowing from othorm, but only borroving in<br />

gonoral. According to 12 U.S.C. 2154, FLBm as a group ara<br />

limitad to borroving a sum vhich doe8 not l xcmod 20 times the<br />

capital and l urpluo <strong>of</strong> all tbm bank8 primarily liable on the<br />

proposed immum, or such lamoor amount as thm PCA ahall<br />

l atablimh by ragulation8.

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