US Govt, Federal Agency & Other Financial Instruments
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Short-term obligations that mature in one year or less and are sold on the basis of a discount. | Bills
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| Obligations that mature between 1 year and 10 years. | Notes
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| Long-term obligations that generally mature 10 years or more. | Bonds
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| Separate Trading of Registered Interest and Principal Securities - consists of an ownership interest in a specified principal amount of a Treasury security that has been stripped at issuance of the right to receive any interest payments thereon. | STRIPS
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| Special Treasury securities sold the US Treasury to states, municipalities and other local government bodies. | State and Local Government Series (SLGS)
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| The only agency GUARANTEED by the full faith and credit of the US Govt. | Government National Mortgage Association (GNMA)
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| A mortgage backed security payable from mortgage repayments from a pool of mortgage loans. | Collateralized Mortgage Obligation (CMO)
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Created by:
swalmurph2
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