Because of the government backing,investors in GNMA pass-throughs are guaranteed to earn at least the T-bill rate on their investments.

Question

Quizplus · Accepted Answer

While GNMA pass-throughs are backed by the government, investors are not guaranteed to earn at least the T-bill rate on their investments. The rate of return on GNMA pass-throughs can fluctuate depending on factors such as interest rate changes and prepayments.

Because of the Government Backing,investors in GNMA Pass-Throughs Are Guaranteed