Securities that are guaranteed by or are the obligation of a federal agency, a federal instrumentality, or a federally sponsored enterprise. These securities include, but are not limited to, mortgage-backed securities that were issued by, guaranteed by, or are the obligation of a federal agency, a federal instrumentality, or a federally sponsored enterprise, including participation certificates, pass-through, CMOs, REMICS, and IO or PO issues. U.S. government agency securities exclude privately issued mortgage-backed securities that are not guaranteed by the U.S. government or federally sponsored enterprises, even if the underlying collateral is government guaranteed.
A. U.S. Federal Government Agencies and Corporations include, but are not limited to:
- Architect of the Capital
- Commodity Credit Corporation (CCC)
- Department of Agriculture, including former Rural Electrification Administration
- (REA) and former Farmers Housing Administration (FMHA)
- Department of Defense and Military Services (e.g. Air Force)
- Department of Housing and Urban Development (HUD)
- Department of Interior
- Export-Import Bank of the United States (Ex-Im Bank) Federal Communication Commission (FCC)
- Farm Credit System Financial Assistance Corporation (FCSFAC)
- Federal Deposit Insurance Corporation (FDIC), including FSLIC Resolution Fund
- Federal Housing Administration (FHA) Financing Corporation (FICO)
- General Services Administration (GSA)
- Government National Mortgage Association (GNMA or Ginnie Mae) Maritime Administration
- National Archives and Records Administration (NARA)
- National Consumer Cooperative Bank
- Overseas Private Investment Corporation (OPIC) Resolution Funding Corporation (REFCORP)
- Rural Telephone Bank
- Small Business Administration
- Tennessee Valley Authority (TVA), including lease obligations
- Washington Metropolitan Area Transit Authority (WMATA)
B. Federally Sponsored Enterprises include, but are not limited to:
- Farm Credit System:
- Agricultural Credit Bank (ACB)
- Farm Credit Banks (FCB)
- Federal Agricultural Mortgage Corporation (FAMC or Farmer Mac) Federal Home Loan Banks (FHLB)
- Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) Federal National Mortgage Association (FNMA or Fannie Mae)