Treasurys under Federal agencies

Treasurys under Federal agencies referred to as semi-government bonds or government agency bonds and can be further broken down into two categories:

Federally Related Institutions
Arms of the federal government including Government National Mortgage Association (Ginnie Mae), backed by the full faith and credit of the U.S. Government.

Government Sponsored Enterprises (GSEs)
Privately owned, publicly chartered entities to help lower the cost of funding in certain sectors of the marketplace such as:
· Federal National Mortgage Association (Fannie Mae) - provides credit for the residential housing sector.
· Federal Home Loan Mortgage Corporation (Freddie Mac) - provides credit for the residential housing sector.
· Federal Home Loan Bank - provides credit for the residential housing sector.
· Federal Agriculture Mortgage Corporation - provide credit for farm proprieties
· Federal Farm Credit System - provide credit for agricultural part of the economy
· Student Loan Marketing Association (Sallie Mae) -provides support for higher education.