Agency debt
Topic: Organization
From HandWiki - Reading time: 3 min
Short description: US government security
Agency debt, also known as an Agency bond, Agency Security, or Agencies, is a security, usually a bond, issued by a United States government-sponsored enterprise or federal budget agency. The offerings of these agencies are backed but not guaranteed by the US government.[1] Some prominent issuers of these securities are the Federal Home Loan Banks (FHLBanks), Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac).[2]
See also
- Mortgage-backed security
- United States Treasury security
References
- ↑ "Federal Reserve Flow of Funds". Federal Reserve. March 6, 2014. http://federalreserve.gov/releases/z1/Current/.
- ↑ "The Treasury Market Practices Group". Federal Reserve Bank of New York. January 17, 2013. http://www.newyorkfed.org/tmpg/.
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