🏦LTB
SIE: Debt Securities
SIE practice questionmediumAgency Bonds

Which agency bond is directly backed by the full faith and credit of the U.S. government?

  1. AFederal Farm Credit Banks
  2. BFreddie Mac (FHLMC)
  3. CFannie Mae (FNMA)
  4. DGinnie Mae (GNMA)✓ Correct answer
Explanation

Why DGinnie Mae (GNMA)

Only Ginnie Mae has the full faith and credit backing. Fannie Mae, Freddie Mac, and Farm Credit are GSEs backed implicitly but not explicitly.

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