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External Meetings: Meeting with NRU CFC
XI. End-user Exception
Rich Larochelle (NRUCFC)
Thomas E. Kandel (NRUCFC)
Ed Barron (Russell Barron)
National Rural Utilities Cooperative Finance Corporation (NRU CFC)
The meeting discussed issues raised in prior meetings with NRU CFC and their written comment submissions, relating to whether the end user exception from clearing is and should be available to NRU CFC when it enters into interest rate swaps related to its activity of providing financing to rural electric cooperatives.