Agency securities


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Related to Agency securities: Corporate bonds, Federal agency securities

Agency securities

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.

Agency Securities

1. Debt instruments issued by government sponsored entities, especially mortgage-backed securities from Ginnie Mae, Fannie Mae, and Freddie Mac, and the Federal Home Loan Banks. Because each of those organizations is sponsored by the U.S. government, agency securities are implicitly guaranteed, and, in the case of Ginnie Mae, are backed by the full faith and credit of the United States. As such, agency securities have historically had high credit ratings, though they were criticized for an alleged role in the 2007-08 credit crunch.

2. An alternative term for government sponsored entities.
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The chart below shows the Federal Reserve's holdings of agency securities along with the agency securities used as collateral in tri-party repos.
What's behind the decline in tri-party repo trading volumes?
Greg Chamberlain, a 20-year securities lending industry veteran who recently moved to Deutsche Bank from Barclays Capital, will head the company's agency securities trading business in Asia.
-Deutsche Bank to set up agency securities lending desk in Hong Kong in Q2
This acquisition adds one of the largest third-party agency securities lending providers to our custody platform in Global Transaction Banking," said Harrold.
Deutsche Bank to acquire Dresdner Bank's global agency securities lending business
Transactions for immediate delivery of mortgage-backed agency securities include purchases and sales for which delivery is scheduled in thirty business days or less.
Domestic Financial Statistics
Mrugank Paranjape, Asia Head of Direct Securities Services, Deutsche Bank, commented, "Deutsche Bank is dedicated to meeting the needs of our clients in Asia, and the establishment of an Agency Securities Lending unit in Hong Kong demonstrates our commitment to the business.
Deutsche Bank Enhances Agency Securities Lending in Asia
DE) has said that Andrew Pettit has joined Agency Securities Lending (ASL) in the Americas.
Deutsche Bank strengthens agency securities lending team
To prevent this contractionary action, the FOMC decided in August 2010 to reinvest the principal payments from the agency securities into long-term Treasury securities.
The evolving state of the Fed's security holdings
In addition, precisely the better capitalized banks in recent years have been acquiring the bulk of liquid Treasury and agency securities.
Statement to the Congress
government agency securities, money market obligations (including commercial paper, bankers acceptances, repurchase agreements, reverse repurchase agreements, time deposits, and money market funds), asset backed securities, mortgage securities, and commingled investment funds.
Fitch Rates Florida Municipal Investment Trust 0-2 Year High Quality Bond Fund 'AAA/V1'
DE) is planning to open an agency securities lending desk in Hong Kong by the end of June.
-Deutsche Bank opens agency securities lending desk in HK
government agency securities, 19% money market funds, 16% LAIF, 4% commercial paper and 2% certificates of deposit.
Fitch Affirms City of Oakland Operating Fund at 'AAA/V1'
Germany-based Deutsche Bank AG (NYSE: DB) has announced that it is to acquire Dresdner Bank's Global Agency Securities Lending business from Commerzbank AG (CBK.
Deutsche Bank to acquire Dresdner's securities lending business

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