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IMPLICATIONS OF FFBS OFFBUDGET STATUS
IMPLICATIONS OF FFB OPERATIONS ON
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agency assets agency borrowing agency securities APPENDIX II APPENDIX asset sales attributable to FFB average maturity bank reserve Bank's Beneficial Ownership borrowing arrangement Budget Concepts budget totals CBO sales commercial banks Commission on Budget compositional shifts cost savings credit ease credit periods credit restraint current budget treatment direct loans discount window due to FFB estimated Farmers Home Administration Federal assistance Federal borrowing Federal credit assistance Federal Financing Bank Federal funds rate Federal indebtedness Federal Reserve Board FFB purchases FFB-induced increases FFB's off-budget status fiscal year l978 fully guaranteed loans funds gross Federal debt interest rates l974 period lending activity level of Federal liquid asset holdings loans and U.S. long-term maturity structure monetary base monetary policy on-budget FFB periods of credit potential private capital markets quarterly reduced reflected sold structure of interest term structure Treasury debt U.S. Government securities variable