Agency securities

(redirected from Government 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.
References in periodicals archive ?
Government Agency securities, combined with call-option and duration management strategies, to provide income and total return.
M&M Financial's investment services include strategic alliances with private banking divisions at a global capacity, investments into emerging capital markets seen fit by relationship bankers and active broker dealers, CDs, annuities, US Treasury Securities, US Government Agency Securities, hybrid annuities, diverse portfolio product placements, private placements, and investment grade corporate bonds investments.
Our fixed income business provides sales, trading, research and banking services on a wide range of mortgage and asset-backed, US Treasury and government agency securities, structured products and corporate bonds.
He describes the basics of debt instruments and bond pricing concepts, the risk factors, microeconomics, economic variables in forecasting, the yield curve, money market instruments, US Treasury and government agency securities, municipal and corporate bonds, emerging markets, distressed debt securities, mortgage-backed and asset-backed securities, preferred stock, derivative products and applications, and the management of a fixed income portfolio.
For example, government agency securities have been a good way to add yield to a portfolio in the past, but the incremental yield offered by agency securities versus Treasuries is low right now--10 basis points or less in most instances.
government agency securities, smaller-sized bank obligations or low credit-rated corporate investment vehicles.
For example, a well-managed portfolio consisting primarily of government and government agency securities will provide returns superior to the traditional product alternatives even with the wraparound expense.
Treasury and government agency securities, structured products such as CLOs and CDOs, whole loans, and other securities.
Treasury and government agency securities and repurchase agreements back by such securities.
Treasury and government agency securities with an average duration(1) of plus or minus 20 percent of the Merrill Lynch 10+ Year Treasury Index(2).
government agency securities, mortgage-backed securities, and FHLB stock.
government agency securities in its investment pool and long-term portfolio at the end of June 2000.

Full browser ?