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Federal Agency Bond |
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Federal agency bond Fixed-income security issued by a government agency such as FNMA. 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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