{"data":{"id":"us/12-cfr-615.5105","jurisdiction":"us","citation":"12 CFR 615.5105","heading":"Consolidated Systemwide notes.","body":"Consolidated Systemwide notes authorized under § 615.5100(b) shall be subject to the following provisions unless otherwise approved by the Farm Credit Administration:\n(a) Maturities shall be not less than five days nor more than 365 days.\n(b) Prices shall be on a discount yield basis or as determined by the Funding Corporation.","path":["Title 12—Banks and Banking","CHAPTER VI—FARM CREDIT ADMINISTRATION","SUBCHAPTER B—FARM CREDIT SYSTEM","PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS","Subpart C—Issuance of Bonds, Notes, Debentures and Similar Obligations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"cf384247cd5e971a81f777b3a961aa2150fdb90fe4131c0e3ab3d31892402841","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-615.5103-615.5104","next":"us/12-cfr-615.5110"},"notice":"GroundRules: Original legal text. Not legal advice."}