Agency debt also known as an Agency bond is a security, usually a bond, issued by a United States government-sponsored agency or federal budget agency. The offerings of these agencies are backed but not guaranteed by the US government. Some prominent issuers of these securities are Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac). Agency debt is also called an agency security.
- ^“Federal Reserve Flow of Funds”. Federal Reserve. March 6, 2014.
- ^“The Treasury Market Practices Group”. Federal Reserve Bank of New York. January 17, 2013.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.