CFC Offers Higher Rates on Commercial Paper and Select Notes

CFC members can now earn more on excess cash by investing larger amounts for longer terms. Members can earn higher returns on qualifying Member Commercial Paper (MCP) and Select Notes (SN) investments.

Qualifying trades earn 10 to 15 basis points above the standard rate. To qualify, an investment must meet two conditions:

• Amount: $5 million or more.
• Term: 45 days or longer for MCP, or 90 days or longer for SN.

"The yield enhancement helps members earn better returns on excess cash with flexible maturities tailored to their anticipated liquidity needs," CFC Chief Financial Officer Ling Wang said.

Members can find additional details in the Spotlight on the CFC Member Website and in the investments transaction portal. To learn more or to invest, contact your CFC regional vice president or the Member Center at 800-424-2954.