Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why are Government Sponsored Enterprises (GSEs) often referred to as Agencies?

April 26, 2017agencies Enterprises government gses referred sponsored

0

Posted

Why are Government Sponsored Enterprises (GSEs) often referred to as Agencies?

1 Answer

0

Posted

“Agency” is a generic term used by market participants to describe an entire market of debt that is issued by various entities including Freddie Mac, Fannie Mae, Federal Home Loan Bank and Federal Farm Credit Bank (which are GSEs), and Tennessee Valley Authority (which is a wholly owned government corporation). Although none of these entities are truly Government Agencies, the term remains due to the sake of simplicity in referring to all debt issued by these entities.