Investors in agency securities are primarily institutional in nature and include state and local governments, mutual funds, pension funds, investment trusts and global investors. (investinginbonds.com)
The target on the backs of government and political organizations coupled with limited security budgets poses an uphill battle to agency security teams. (fortune.com)
Although most agency securities do not carry the government's full - faith - and - credit guarantee, their credit quality is generally considered to be high though characteristics differ. (investinginbonds.com)