Website: N/A
Stock Symbol: NYSE: NRC
Market Value: N/A (in millions)
National Rural Utilities Cooperative Finance Corporation ("CFC" or "the
Company") is a private, not-for-profit cooperative association incorporated
under the laws of the District of Columbia in April 1969. The principal purpose
of CFC is to provide its members with a source of financing to supplement the
loan programs of the Rural Utilities Service ("RUS") of the United States
Department of Agriculture. CFC makes loans to its rural utility system members
("utility members") to enable them to acquire, construct and operate electric
distribution, generation, transmission and related facilities. CFC also provides
its members with credit enhancements in the form of letters of credit and
guarantees of debt obligations. CFC is exempt from payment of federal income
taxes under the provisions of Section 501(c)(4) of the Internal Revenue
Code.