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Farm Credit Insurance Fund: Difference between revisions
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|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Farm Credit System Insurance Corporation | |OrgSponsor=Farm Credit System Insurance Corporation | ||
|TopOrganization=Department of Agriculture | |||
|CreationLegislation=Agricultural Credit Act of 1987 | |CreationLegislation=Agricultural Credit Act of 1987 | ||
|Purpose=To insure the timely payment of principal and interest on debt securities issued by Farm Credit System banks, thereby ensuring investor confidence and supporting agricultural finance. The Fund aims to maintain financial stability within the Farm Credit System. | |Purpose=To insure the timely payment of principal and interest on debt securities issued by Farm Credit System banks, thereby ensuring investor confidence and supporting agricultural finance. The Fund aims to maintain financial stability within the Farm Credit System. | ||
|Website=https://www.fcsic.gov | |Website=https://www.fcsic.gov | ||
|Historic=No | |||
}} | }} | ||
'''Farm Credit Insurance Fund''' (FCIF) is maintained by the Farm Credit System Insurance Corporation (FCSIC) to safeguard investors in the [[Farm Credit System]] (FCS) by ensuring that the debt obligations issued by FCS banks are paid in a timely manner. Its purpose is to provide a safety net for the financial instruments supporting American agriculture, offering stability to the sector's financial ecosystem. | '''Farm Credit Insurance Fund''' (FCIF) is maintained by the Farm Credit System Insurance Corporation (FCSIC) to safeguard investors in the [[Farm Credit System]] (FCS) by ensuring that the debt obligations issued by FCS banks are paid in a timely manner. Its purpose is to provide a safety net for the financial instruments supporting American agriculture, offering stability to the sector's financial ecosystem. | ||