In addition to treasury securities, some agencies of the government issue bonds. List three such agencies, and state what the funds raised by the bond issues are used for.

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In addition to treasury securities, some agencies of the government issue bonds. List three such agencies, and state what the funds raised by the bond issues are used for.



Answer: Agencies that issue securities include Ginnie Mae (formerly the Government National Mortgage Association), the federal housing administration, the veterans administration, the federal national mortgage association, and the Student Loan Marketing Association. The first four fund mortgage loans and the last funds college student loans.

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