Securities issued by government sponsored entities and, although not direct obligations of the U.S. Government, are considered to have less risk of default than other types of bonds because of they are government sponsored. These securities are currently issued by entities created to reduce borrowing costs for certain sectors of the economy, including farmers, homeowners, and students. General Obligation (GO) Bonds Municipal bonds backed by the full faith and credit (taxing and borrowing power) of the municipality issuing the bonds.
Securities, usually bonds, issued by U.S. government-related agencies, such as Government National Mortgage Association, Federal Home Loan Mortgage Corporation, and FNMA. Exempt from state and local taxes. also called U.S. Government Agency Securities.
Securities issued by U.S. government-related agencies, such as Government National Mortgage Association, Federal Home Loan Mortgage Corporation, and Federal National Mortgage Association (also called U.S. Government Agency Securities). However, not all agency securities are guaranteed by the U.S. Government.
Obligations of federal agencies and government sponsored enterprises, among them Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Federal Farm Credit Bank (FFCB), Federal Home Loan Bank (FHLB), and the Tennessee Valley Authority (TVA). Most agency securities are issued in maturities of three months to 30 years. Certain agencies also issue agency discount notes which are short term securities with maturities of one day to one year.
Securities issued by federally related institutions and U.S. government-sponsored entities. Such agencies were created to reduce borrowing costs for certain sectors of the economy, such as agriculture.
Securities issued by government or quasi-government agencies such as FNMA - FHLMC.
Agency Securities are specific securities that are issued by either Ginnie Mae, Fannie Mae, or Freddie Mac. These securities are backed by morgage loans, and due to their creation from these particular corporations that are sponsored by the U.S. governemnt, they enjoy credit protection based on 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.
