Agency Securities are bonds issued by US Government agencies - the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) - and are backed by mortgage loans. Ginnie Mae has an explicit guarantee from the US Government; Fannie Mae and Freddie Mac have implicit guarantees.
In New York we provide a voice, electronic and combined broking service via the BrokerTec automated trading platform and the voice broking desk in straight and callable bonds, discount notes, medium term notes and on- and off-the-run agency securities.
