What is an 'Agency Bond'

An agency bond is a bond issued by a government agency. These bonds are not fully guaranteed in the same way as U.S. Treasury and municipal bonds.

BREAKING DOWN 'Agency Bond'

These bonds do not include those issued by the U.S. Treasury or municipalities. They include such agencies as Fannie Mae, Freddie Mac, Sallie Mae and the Federal Home Loan Banks.

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    The type of bond determines where you can purchase it, so you need to decide which type of bond you would like to purchase ... Read Answer >>
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