Federal Borrowings Program FAQ
What is the due date for submitting transactions for a given month?
Borrowing and repayment transactions must be submitted by 3:00 pm ET on the last business day of the month. Interest payments, with supporting documentation, are due on the interest payment date.
How do I inform the Federal Borrowings Branch (FBB) of a new sub-cohort?
Submit a new Sub-Cohort Identification Request Form available in PDF and Excel format.
What if I discover that I have borrowed or repaid too much on a transaction?
Reverse the erroneous transaction and resubmit a corrected borrowing or repayment. Contact the Federal Borrowings Branch for guidance.
When is my FCRA interest payment due?
FCRA interest payments, with supporting documentation, are due on the last day of the fiscal year, September 30th.
What if I can't pay my FCRA loan interest payment?
If funds are not available to meet your FCRA loan interest payment due on September 30th, it is necessary to borrow the funds from Treasury. The effective date of an interest payment borrowing is September 30th.
Where can I find more information about FCRA borrowings?
OMB Circular A11
TFM Part 2, Chapter 4600
Federal Credit Support Page
Get help with the Detail Principal and Accrued Interest Balances Report.
