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Percent of Insured Debt

Percent of Insured Debt. 1.72% (preliminary).

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Percent of Insured Debt

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  1. Percent of Insured Debt 1.72% (preliminary) Insurance premiums are assessed with the objective of maintaining the Secure Base Amount (SBA) which is defined in the Farm Credit Act as 2% of aggregate insured obligations. At yearend excess funds above the SBA are transferred to the Allocated Insurance Reserve Accounts (AIRAs). The current $39.89 million AIRAs balance is recorded as part of the Insurance Fund and is available to satisfy insurance obligations until the Corporation disburses payment to the Farm Credit Banks and FAC stockholders. Attachment 2

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