[Federal Register Volume 76, Number 20 (Monday, January 31, 2011)]
[Notices]
[Pages 5373-5374]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-2037]


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EXPORT-IMPORT BANK OF THE U.S.

[Public Notice 2011-0010]


Agency Information Collection Activities: Comment Request

AGENCY: Export-Import Bank of the U.S.

ACTION: Submission for OMB Review and Comments Request.

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    Form Title: Notice of Claim and Proof of Loss, Medium Term 
Guarantee.

SUMMARY: The Export-Import Bank of the United States (``Ex-Im Bank'') 
is the official export credit agency of the United States. Its mission 
is to create and sustain U.S. jobs by financing U.S. exports through 
direct loans, guarantees, insurance and working capital credits. By 
neutralizing the effect of export credit support offered by foreign 
governments and by absorbing credit risks that the private sector will 
not accept, Ex-Im Bank enables U.S. exporters to compete fairly in 
foreign markets on the basis of price and product. Under the Medium 
Term Guarantee Program, Ex-Im Bank provides guarantees of principal and 
interest on floating or fixed-rate loans by eligible lenders to credit 
worthy buyers of US goods and services. The guarantee covers the 
repayment risks on the foreign buyer's debt obligations. Ex-Im Bank 
guarantees that, in the event of a payment default by the borrower, it 
will repay the lender the outstanding principal and interest on the 
loan.
    In the event that a borrower defaults on a transaction guaranteed 
by Ex-Im Bank the guaranteed lender may seek payment by the submission 
of a claim. This collection of information is necessary, pursuant to 12 
USC 635(a)(1), to determine if such claim complies with the terms and 
conditions of the relevant guarantee agreement.

[[Page 5374]]

    This form can be reviewed http://www.exim.gov\pub\pending\EIB10--
05.pdf

DATES: Comments should be received on or before (insert 30 days after 
publication) to be assured of consideration.

ADDRESSES: Comments may be submitted electronically on http://www.regulations.gov or by mail to Office of Information and Regulatory 
Affairs, 725 17th Street, NW. Washington, DC 20038 attn: OMB 3048-NEW.

SUPPLEMENTARY INFORMATION: 
    Titles and Form Number: Notice of Claim and Proof of Loss, Medium 
Term Guarantee (EIB 10-05).
    OMB Number: 3048-XXXX.
    Type of Review: New.
    Need and Use: This collection provides Ex-Im Bank staff with the 
information necessary to process the filing of a claim for a defaulted 
transaction under Ex-Im Bank's Medium Term Guarantee program.
    Number of respondents: 65.

Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2011-2037 Filed 1-28-11; 8:45 am]
BILLING CODE 6690-01-P