Federal Borrowings Program
The Federal Borrowings Program is administered by the Bureau of the Fiscal Service's Federal Investments and Borrowings Branch. Its purpose is to facilitate loans to federal agencies on behalf of the Department of the Treasury. Federal agencies with 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.
Credit and Non-Credit Reform Accounts
FIBB uses the Federal Credit Reform Act of 1990, as amended (FCRA), to separate federal agencies' borrowing accounts into two categories: accounts subject to FCRA (Credit Reform Accounts) and accounts not subject to FCRA (Non-Credit Reform Accounts). Each category covers new accounts, principal transactions, interest transactions, reports, and guidance.
Contact FIBB
304-480-7488
Department of the Treasury, Bureau of the Fiscal Service, Federal Investments and
Borrowings Branch
Parkersburg, WV 26101