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Federal Agency Securities

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Federal agency securities
Securities issued by corporations and agencies created by the US government, such as the Federal Home Loan Bank Board and Ginnie Mae.

Federal Agency Security
A debt obligation owed by an agency of the U.S. government. While similar to a Treasury security, federal agency securities are issued by a particular agency of the federal government, rather than the federal government itself. Agencies that offer these securities include Ginnie Mae, the Federal Farm Credit Bank, and the U.S. Postal Service. With the exceptions of the Postal Service and the Tennessee Valley Authority, all federal agency securities are guaranteed by the U.S. government. They also offer higher interest rates than Treasury securities.


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The treasury and Federal Reserve assistance would be offered at the primary credit rate offered to investment firms and would be backed by US government and federal agency securities.
Any lending would be at the primary credit rate and collateralised by US government and federal agency securities.
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