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Ch 23: U.S. Government Agency Securities

About This Chapter

This chapter takes you through key aspects of investing in government agency securities. These self-paced lessons can help with your ability to answer related test questions about types of government securities, specific agencies that offer investment opportunities, and more.

U.S. Government Agency Securities - Chapter Summary

Brush up on government securities with the help of this chapter. You'll review the maturities and denominations of various types, as well as authorized dealers, distribution, issue forms, and quotes. Additionally, by the end of this chapter you will be able to:

  • Give the definition and characteristics of U.S. Treasury securities
  • Describe the types of treasury receipts
  • Understand calculations for U.S. government agency securities
  • Explain investing in the Federal National Mortgage Association (FNMA), the Federal Home Loan Mortgage Corporation (FHLMC), the Government National Mortgage Association (GNMA), and the Student Loan Marketing Association (SLMA)

Using the study materials created by our professional instructors, you will be able to efficiently master the securities material you need to know for your exam. Each topic is broken down into its major components, with the most important terms being presented in bold-face type for ease of identification. By the end of each lesson, you should be ready for the self-assessment quiz; however, you can always go back and review topics as often as needed.

10 Lessons in Chapter 23: U.S. Government Agency Securities
Test your knowledge with a 30-question chapter practice test
Government Securities: Definition, Types & Examples

1. Government Securities: Definition, Types & Examples

Governments need money to operate and, just like people and businesses, they will borrow money when needed. In this lesson, you'll learn about government securities.

Types of Treasury Securities: Definition & Characteristics

2. Types of Treasury Securities: Definition & Characteristics

There are several major types of treasury securities, all with different maturation dates. In this lesson, we'll take a look at the four major types and characteristics of each.

Treasury Receipts: Definition & Types

3. Treasury Receipts: Definition & Types

Many people like the safe nature of treasury securities. But what if you don't need regular interest payments? In this lesson, we'll examine a popular alternative, the treasury receipt.

U.S. Government Agency Securities: Types, Maturities & Denominations

4. U.S. Government Agency Securities: Types, Maturities & Denominations

U.S. agency securities are very safe investments, as they are backed by the federal government. In this lesson, we'll explore the types and characteristics of U.S. government agency securities.

U.S. Government Agency Securities: Dealers, Distribution, Issue Forms & Quotes

5. U.S. Government Agency Securities: Dealers, Distribution, Issue Forms & Quotes

This lesson deals with US government agency securities and their characteristics. You'll learn about primary dealers, distribution, issue form, and quotations for US government agency securities.

Calculations for U.S. Government Agency Securities

6. Calculations for U.S. Government Agency Securities

This lesson deals with calculations for U.S. government agency securities. Learn how to calculate spread, price, interest and principal payment on agency securities.

Investing in the Government National Mortgage Association (GNMA)

7. Investing in the Government National Mortgage Association (GNMA)

As a government agency, Ginnie Mae is considered a safe investment. In this lesson, we'll take a look at what Ginnie Mae is, what it does, and the various ways to invest in it.

Investing in the Federal National Mortgage Association (FNMA)

8. Investing in the Federal National Mortgage Association (FNMA)

The Federal National Mortgage Association (FNMA) is a government-sponsored entity that buys mortgages from private lenders, packages the mortgages into securities and sells these securities to the public. This important function provides vital liquidity to the mortgage industry. In this lesson we will discuss investing in FNMA.

Investing in the Federal Home Loan Mortgage Corporation (FHLMC)

9. Investing in the Federal Home Loan Mortgage Corporation (FHLMC)

In this lesson, we will learn about the Federal Home Loan Mortgage Corporation (FHLMC). Learn about the characteristics, structure, and risks of FHLMC mortgage-backed securities.

Investing in the Student Loan Marketing Association (SLMA)

10. Investing in the Student Loan Marketing Association (SLMA)

This lesson covers the history of the Student Loan Marketing Association and key information related to the Series 7 exam. Additional history about how the SLMA has evolved since 2004 is also provided.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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