To be an
available choice, they need investment
by Government, regulatory funding
bodies and funding agencies, and need to be used
by awarding
bodies, educational providers, and businesses.
agency bonds are issued
by official U.S.
government bodies (e.g., Tennessee Valley Authority (TVA);
government sponsored entity (GSE) bonds are offered
by lenders created
by an act of Congress to assist groups of borrowers (e.g., farmers, ranchers, homeowners, mortgage lenders, etc.); the principal and interest of GSE bonds are not guaranteed
by the U.S.
government; Agency and GSE bonds are generally
available in minimum denominations of $ 10,000, with subsequent investments in increments of $ 5,000; Fidelity makes these securities
available in minimum denominations of $ 1,000, and subsequent investment increments of $ 1,000
While the previous
Government in its 2007 changes provided mechanisms through which these corporations could gain support, either directly from FaHCSIA or through their Native Title Representative
Body, FaHCSIA have stated that the provision of funding support for PBCs beyond their initial establishment phase has been limited
by the high level of demand for resources
by the Native Title Representative
Bodies and the level of funds
available to the program.