12 CFR §615.5502
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The Funding Corporation may provide for the sale of global debt securities on behalf of the Farm Credit banks through a global agent or agents by negotiation, offer, bid, or syndicate sale, and deliver such obligations by book-entry, wire transfer, or such other means as may be appropriate.
- (b)The Funding Corporation Board of Directors shall establish appropriate criteria for the selection of global agents and shall approve each global agent.