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- Securities issued by U.S. government agencies, such as the Federal Home Loan Bank. These securities have high credit ratings but are not backed by the full faith and credit of the U.S. government.
Office of the Arizona State Treasurer - Cite This Source - This Definition
- Browse Related Terms: CDs (Certificates of Deposit), Corporate Bond, Federal Funds Rate, Federal Reserve Board, Principal, Salomon Brothers Broad Investment-Grade (BIG) Bond Index, Treasury Bond or Note