Bonds issued by political subdivisions of the u. s. government but not guaranteed by the government are called:

Question

Salvador Hoffman

History

11 June, 19:27

Bonds issued by political subdivisions of the u. s. government but not guaranteed by the government are called:

+1

Answers (1)

Know the Answer?

Pineda · Answer 1

Such bonds are called "agency bonds".

U. S. Treasury and municipal bonds are those which are guaranteed as opposed to the agency bonds which are issued by a government agency. Some examples of such agencies are like Fannie Mae, Freddie Mac, Sallie Mae and the Federal Home Loan Banks.