Short-term instruments issued by the Federal Home Loan Bank, the Federal National Mortgage Association, and the Federal Land Bank are examples of
A) Treasury notes.
B) Treasury bills.
C) federal agency issues.
D) banker's acceptances.

Question

Quizplus · Accepted Answer

Short-term instruments issued by the Federal Home Loan Bank, the Federal National Mortgage Association, and the Federal Land Bank are examples of federal agency issues. These are debt securities issued by government-sponsored entities (GSEs) such as Fannie Mae and Freddie Mac, which are not backed by the full faith and credit of the U.S. government but are perceived to be of very low risk due to implicit government backing.

Short-Term Instruments Issued by the Federal Home Loan Bank, the Federal