Federal agency securities

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.
References in periodicals archive ?
Furthermore, the Federal Reserve has always owned Treasury securities, and in the past has owned federal agency securities, so the change was not all that drastic in terms of its implementation.
Any lending would be at the primary credit rate and collateralised by US government and federal agency securities.
It engages in underwriting, dealing, and brokering a full range of debt and equity securities and futures contracts and serves as a primary dealer in US government and federal agency securities.
government and federal agency securities, net 45,508 38,624 Investments denominated in foreign currencies 1,231 1,046 Accrued interest receivable 388 392 Interdistrict settlement account 0 7,088 Bank premises and equipment, net 345 353 Other assets 38 36 Total assets $49,461 $48,845 Liabilities and capital Liabilities Federal Reserve notes outstanding, net 42,368 46,323 Securities sold under agreements to repurchase 1,502 0 Deposits Depository institutions 1,735 1,169 Other deposits 135 5 Deferred credit items 972 137 Interest on Federal Reserve notes due U.
Treasury and federal agency securities corporate bonds (both within and outside the United States), mortgage-backed and foreign-government securities (although traded in U.
government, municipal, corporate, mortgage, asset-backed securities, federal agency securities, and foreign government securities.
The list of eligible collateral includes Treasury and federal agency securities, gold certificates, Special Drawing Right certificates, and foreign currencies, the items in bold print on the left side of the balance sheet in appendix A.
Fitch anticipates that AEILIC's 2012 RBC ratio will be maintained above 300% as internally generated capital will be partially offset by continued strong sales growth and increased credit risk as the company continues the slow shift of its portfolio allocation from federal agency securities to corporate bonds.
Prior to joining BAS, Connor enjoyed a 20-year career at JP Morgan, where he was most recently Head of Liquid Markets, responsible for interest rate swaps, government bonds, and federal agency securities.
Treasury and federal agency securities transferred via Fedwire each year, however (roughly $14 million in charges at the current 15 basis point fee versus $145 trillion of securities transfers in 1994), the incremental effect of any fees ultimately passed on to the securities market would be small.
Treasury securities, federal agency securities and mortgage-backed securities issued by Fannie Mae and the Federal Home Loan Mortgage Corporation.
Government and Federal agency securities with the Treasury or the individual agencies or to allow them to mature without replacement; provided that the aggregate amount of U.

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