Federal Borrowings Program

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<main id="main"> <div class="container-xxl"> <div class="row"> <div class="col-md-3 section-container hide-print d-print-none"> <div class="h2 mt-0">Federal Borrowings</div> <nav class="list-group list-group-flush side-nav"> <span style="list-style-type:none; border-left: none; border-right: none" class="list-group-item list-group-item-action text-decoration-none active"> <a class="text-decoration-none" style="color: black" href="/government/federal-borrowings-program/">Federal Borrowings Program</a> <span style="border-right: none; border-left: none; margin-top: 1rem; margin-left: -1.9rem"> <span style="list-style-type:none; border-left: none; border-right: none; font-weight: normal" class="list-group-item list-group-item-action text-decoration-none "> <a class="text-decoration-none" style="color: black" href="/government/federal-borrowings-program/credit-reform-accounts/">Credit Reform Accounts</a> </span> <span style="list-style-type:none; border-left: none; border-right: none; font-weight: normal" class="list-group-item list-group-item-action text-decoration-none "> <a class="text-decoration-none" style="color: black" href="/government/federal-borrowings-program/non-credit-reform-accounts/">Non-Credit Reform Accounts</a> </span> </span></span> <span style="list-style-type:none; border-left: none; border-right: none; font-weight: normal" class="list-group-item list-group-item-action text-decoration-none "> <a class="text-decoration-none" style="color: black" href="/government/federal-borrowings-program/federal-borrowings-program-reports/">Federal Borrowings Program Reports</a> </span> </nav> </div> <div class="col-md-9"> <section> <div class="section-container container-xxl"> <nav class="breadcrumb-container" aria-label="breadcrumb"> <ol class="breadcrumb"> <li class="breadcrumb-item"><a href="/government/">Government Users</a></li> <li style="padding-left: 0.2rem;">Federal Borrowings Program</li> </ol> </nav> <div class="body-copy"> <h1>Federal Borrowings Program</h1> <p>The Federal Borrowings Program is administered by the Bureau of the Fiscal Service’s (Fiscal Service) Federal Investments and Borrowings Branch. The purpose of the Federal Borrowings Program is to facilitate loans to federal agencies on behalf of the Department of the Treasury (Treasury). Federal agencies that have the appropriate legal authority granted by Congress through legislation may borrow funds from Treasury. The proceeds from these borrowings are used to support programs such as education, housing, flood relief, agriculture, and small businesses.</p> <h2>The Federal Investments and Borrowings Branch (FIBB)</h2> <ul> <li>Maintains the detailed records of the loan transactions between Treasury and other federal agencies.</li> <li>Accounts for and reports Treasury’s loans receivable and the related interest.</li> </ul> <h2>Credit and Non-Credit Reform Accounts</h2> <p>FIBB uses the Federal Credit Reform Act of 1990, as amended (FCRA), to separate federal agencies’ borrowing accounts into two categories: accounts that are subject to FCRA (Credit Reform Accounts) and accounts that are not subject to FCRA (Non-Credit Reform Accounts). Select the links below for more information:</p> <ul> <li> <a href="credit-reform-accounts/">Credit Reform Accounts</a> <ul> <li> <a href="credit-reform-accounts#new">New Accounts: Preparing to Borrow</a> </li> <li> <a href="credit-reform-accounts#principal">Principal Transactions</a> </li> <li> <a href="credit-reform-accounts#interest">Interest Transactions</a> </li> <li> <a href="credit-reform-accounts#reports">Reports</a> </li> <li> <a href="credit-reform-accounts#Guidance">Guidance</a> </li> </ul> </li> <li> <a href="non-credit-reform-accounts/">Non-Credit Reform Accounts</a> <ul> <li> <a href="non-credit-reform-accounts#New">New Accounts: Preparing to Borrow</a> </li> <li> <a href="non-credit-reform-accounts#Principal">Principal Transactions</a> </li> <li> <a href="non-credit-reform-accounts#Interest">Interest Transactions</a> </li> <li> <a href="non-credit-reform-accounts#Reports">Reports</a> </li> <li> <a href="non-credit-reform-accounts#Guidance">Guidance</a> </li> </ul> </li> </ul> <h3>Contact FIBB</h3> <p><a href="tel:+13044805151">304-480-7488</a></p> <p><a href="mailto:Borrowings@fiscal.treasury.gov">Borrowings@fiscal.treasury.gov</a></p> <div class="media iconandtext"> <img class="w-line-height h-line-height mr-2" src="/images/content-icons/icon-building-gray.svg" alt="" > <div class="media-body"> <div class="negate"> <div class="consume"> <p>Department of the Treasury<br> Bureau of the Fiscal Service<br> Federal Investments and Borrowings Branch, Room 119<br> Parkersburg Warehouse & Operations Center Dock 1<br> 257 Bosley Industrial Park Drive<br> Parkersburg, WV 26101</p> </div> </div> </div> </div> </div> </div> </section> </div> </div> </div> <button type="button" class="btn btn-td-blue scrollButton d-print-none" onclick="topFunction()" id="myBtn" title="Back to Top" style="display: none; 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Federal Borrowings Program — TreasuryDirect