Rule 2 of 32 in this unit2.1.2
2.1.2 Debt Instruments
SIE outline 2.1.2
Agency or Enterprise
A federal agency is an arm of the government. A sponsored enterprise is private, chartered by Congress. NOT one category with one guarantee.
The trick
Common trap: Agency in the stem means government-guaranteed. Correct: Only Ginnie Mae's paper carries full faith and credit. Read the issuer, not the label.
The method for this kind of question
- Section 2 is the heaviest block
Now answer
No question sits on this rule yet. This unit's checked questions are spread across
its other screens and on its practice page, and more arrive as the bank grows.
The whole unit ·
Your plan