Agency Debt
Government-owned corporation, Sallie Mae, Fannie Mae
Herausgegeben: Nicolao, Hardmod Carlyle
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Agency debt is a security, usually a bond, issued by a U.S. government-sponsored agency. The offerings of these agencies are backed by the government, but not guaranteed by the government since the agencies are private entities. Such agencies have been set up in order to allow certain groups of people to access low cost financing e.g. students and home buyers. Some prominent issuers of agency securities are Student Loan Marketing Association, Federal National Mortgage...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Agency debt is a security, usually a bond, issued by a U.S. government-sponsored agency. The offerings of these agencies are backed by the government, but not guaranteed by the government since the agencies are private entities. Such agencies have been set up in order to allow certain groups of people to access low cost financing e.g. students and home buyers. Some prominent issuers of agency securities are Student Loan Marketing Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. Agency securities are usually exempt from state and local taxes, but not federal tax. Agency debt is also called an agency security.
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