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Indirect Government Obligation |
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Indirect Government Obligation A debt obligation owed by an agency of the U.S. Government. While similar to Treasury securities, indirect government obligations 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 indirect government obligations are guaranteed by the U.S. government. They offer higher interest rates than Treasury securities. They are also called federal agency 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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