 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
|
|
||
|
Standby Letters of Credit: Frequently Asked Questions
What types of community projects can be financed using the Bank's Standby Letters of Credit? Standby letters of credit can facilitate a variety of third-party transactions including affordable rental housing and community economic development projects such as small business loans. Top
What is the rating for the Bank's letter of credit? As a result of the Bank's AAA rating, using the Bank's standby letters of credit may result in a AAA-rating on the issuance of commercial paper or medium-term notes, reducing financing costs. Top
|
|
|
||