The document outlines the requirements for maintaining collateral quality and value for loans. It specifies the maximum advance rates for different types of securities used as collateral, such as certificates of deposit, U.S. government obligations, and corporate debt. The document also details conditions under which additional collateral must be pledged or obligations repaid if the collateral value falls below required levels. It includes specific rules for non-purpose and purpose loans, and notes on tax implications for municipal bonds used as collateral.
documents/EFTA01390560.pdf
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