Farmer Mac fears rule change over rating


The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, the largest unrated debt issuer in the United States, has said that new regulatory proposals may force it to seek a credit rating which, it says, would diminish its business prospects. Farmer Mac was founded in the 1980s to create a secondary market in agricultural loans.

Farmer Mac’s regulator, the Farm Credit Administration, proposed regulations in June that would establish a new ratings-based capital allocation applic

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: