SIE practice questioneasyAgency Bonds
Which issuer's bonds carry an explicit U.S. government guarantee?
- AFannie Mae
- BFreddie Mac
- CGinnie Mae✓ Correct answer
- DFederal Farm Credit Bank
Explanation
Why C — Ginnie Mae
Ginnie Mae (GNMA) securities are fully backed by the U.S. government. Fannie Mae and Freddie Mac are GSEs and not fully government guaranteed; Farm Credit Bank is also not explicitly guaranteed.
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