Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 175

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 175
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123)1.93%4.63%3.18No hedge designation:Interest rate swaps:Pay fixed non-callable151,559 443 (77)2.97%4.50%3.01Receive fixed non-callable1,390,415 189 — 4.28%4.00%0.42Basis swaps614,384 2 (274)4.43%4.27%3.31Treasury futures52 202 (11)112.87Netting adjustments(1)— (3,595)3,595 Total financial derivatives$24,605,848 $32,667 $(29,161)      (1)Amounts represent the application of the netting requirements that allow Farmer Mac to settle positive and negative positions, including accrued interest, held or placed with the same clearing agent. 

24

  As of December 31, 2024  Fair ValueWeighted-AveragePay RateWeighted-Average Receive RateWeighted-AverageForwardPriceWeighted-AverageRemainingTerm (in years)  Notional AmountAsset(Liability)  (dollars in thousands)Fair value hedges:Interest rate swaps:Receive fixed non-callable$7,460,685 $174 $(12,165)4.71%3.40%1.53Pay fixed non-callable9,657,181 5,134 (97)2.67%4.56%9.12Receive fixed callable4,592,077 5,119 (65,167)4.54%3.67%2.65Cash flow hedges:Interest rate swaps:Pay fixed non-callable540,000 16,903 (2)1.92%4.87%3.43No hedge designation:Interest rate swaps:Pay fixed non-callable157,776 819 (1)2.92%4.75%3.40Receive fixed non-callable1,803,328 48 (2)4.52%4.43%0.30Basis swaps655,384 8 (354)4.69%4.52%3.83Treasury futures29,900 46 — 108.91 Netting adjustments(1)— (462)462 Total financial derivatives$24,896,331 $27,789 $(