Export-Import Bank of the United States Annual Report, Parts 1-2

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Export-Import Bank of the United States, 1959 - Export credit
 

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Page 145 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchase of such notes and obligations.
Page 199 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 199 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States...
Page 144 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended...
Page 144 - Such obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligations.
Page 142 - ... use the United States mails in the same manner and upon the same conditions as other departments and agencies of the United States...
Page 199 - Vice-Presidents shall be appointed by the Board of Directors on the recommendation of the President.
Page 143 - Vice chairman, and three additional persons appointed by the President of the United States by and with the advice and consent of the Senate. Of the five members of the Board, not more than three shall be members of any one political party.
Page 199 - It is the policy of the Congress that the bank in the exercise of its functions should supplement and encourage and not compete with private capital...
Page 160 - ... without regard to the limitations of existing law) , and on such terms and conditions...

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