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Nw Iowa | I guess I have been thinking about below posts on banks, banking. I was a director on a small bank before we decided to sell a number of years ago so have a pretty good understanding of small banks and how we managed risk, capital etc. There was a comment that Farm Credit secured all their borrowing money from 3 yr notes. Surely they cannot tie themselves up with a 20 yr note secured by short term notes that were purchased ? This would be unheard of in a regular bank. They must have some way to manage longer term debt or it would be suicidal? They must be able to tie into some long term borrowing for long term notes? Does someone have a better understanding of how they work? I used to have alittle better understanding of them but has been awhile. | |
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How does Farm Credit raise money
