Agency security

Securities

Securities

* Banknote
* Bond
* Debenture
* Derivative
* Stock

Markets

* Stock market
* Commodity market
* Foreign exchange market
* Futures exchange
* Over-the-counter market (OTC)
* Spot market

Bonds by coupon

* Fixed rate bond
* Floating rate note
* Inflation-indexed bond
* Perpetual bond
* Zero-coupon bond
* Commercial paper

Bonds by issuer

* Corporate bond
* Government bond
* Municipal bond
* Pfandbrief

Equities (stocks)

* Stock
* Share
* Initial public offering (IPO)
* Short selling

Investment funds

* Mutual fund
* Closed-end fund
* Exchange-traded fund (ETF)
* Hedge fund
* Index fund
* Segregated fund

Structured finance

* Securitization
* Agency security
* Asset-backed security
* Mortgage-backed security
* Commercial mortgage-backed security
* Residential mortgage-backed security
* Tranche
* Collateralized debt obligation
* Collateralized fund obligation
* Collateralized mortgage obligation
* Credit-linked note
* Unsecured debt

Derivatives

* Forward
* Futures
* Option
* Swap
* Warrant
* Credit derivative
* Hybrid security

* v
* t
* e

Agency securities are specific securities that are issued by either Ginnie Mae, Fannie Mae, Freddie Mac or the Federal Home Loan Banks. These securities are backed by mortgage loans,[1] and due to their creation from these particular corporations that are sponsored by the U.S. government, they enjoy credit protection based on either an explicit guarantee from the U.S. Government in the case of Ginnie Mae securities, or an implicit guarantee from the U.S. Government in the case of Fannie Mae and Freddie Mac. Agency securities also used as collateral for the supply of money released by the Federal Reserve. This collateral is chiefly held in the form of U.S. Treasury, federal agency, and government-sponsored enterprise securities.[2]

Due to the expectation of federal backing, these securities historically hold the highest credit rating possible.

## References

1. ↑ Na, Dave; Newman, Ellie; Schlusche, Bernd (2024-09-20). "The Evolution of the Federal Reserve's Agency MBS Holdings" (in en). Federal Reserve System. https://www.federalreserve.gov/econres/notes/feds-notes/the-evolution-of-the-federal-reserves-agency-mbs-holdings-20240920.html. Retrieved 2026-01-16.
2. ↑ "Is U.S. currency still backed by gold?" (in en). http://www.federalreserve.gov/faqs/currency_12770.htm.

## External links

* Ginnie Mae
* Fannie Mae
* Freddie Mac

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Agency security. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Organization:Agency_security&oldid=4337900"
*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template