12 CFR 615.5500
§ 615.5500 Definitions.
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 615.5500, § 615.5500 Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/47901
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Full text
In this subpart, unless the context otherwise requires or indicates:
(a) Global debt securities means consolidated Systemwide debt securities issued by the Funding Corporation on behalf of the Farm Credit banks under section 4.2(d) of the Act through a fiscal agent or agents and distributed either exclusively outside the United States or simultaneously inside and outside the United States.
(b) Global agent means any fiscal agent, other than the Federal Reserve Banks, used by the Funding Corporation to facilitate the sale of global debt securities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.