Agency Debentures definition

Agency Debentures means negotiable debt obligations which are fully guaranteed as to both principal and interest by the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation, but excluding (i) interest only and principal only securities and (ii) Collateralized Mortgage Obligations, Real Estate Mortgage Investment Conduits and similar derivative securities. The Ratings Event I Collateral Amount will be equal to the greater of (A) zero and (B) the sum of (x) the Exposure and (y) the aggregate of the Additional Ratings Event I Collateral Amounts for all Transactions.
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Agency Debentures means negotiable debt obligations which are fully guaranteed as to both principal and interest by the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation, but excluding (i) interest only and principal only securities and (ii) Collateralized Mortgage Obligations, Real Estate Mortgage Investment Conduits and similar derivative securities.
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Agency Debentures means U.S. Agency Debentures and Non-U.S. Agency Debentures.
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Examples of Agency Debentures in a sentence

  • Further, our interest rate data is limited to repos where Treasuries, Agency Debentures and Agency MBS securities were used as collateral.The data show that Treasury, Agency Debentures and Agency MBS repo rates declined over our sample period as the Federal Reserve lowered the federal funds rate.

  • Figure 3 plots the spread between Agency Debentures and Agency MBS repos and Treasury repos, all of which have an overnight maturity.

  • The interest rates for overnight Agency Debentures and Agency MBS repos closely followed those for Treasury repos.

  • These are equities issued by a foreign publicly listed company but traded on U.S. Exchanges; also includes GDRs– Global Depository Receipts – equities traded on exchanges outside of the U.S.• ETF – Exchange Traded Funds;• Sovereign Debt;• Supranational Debt;• U.S. Treasury Bills, Bonds, Notes, Strips, TIPS;• Corporate Bonds;• Agency Debentures.

  • Except with respect to permitted collateral for reverse repurchase agreements, U.S. Treasury Securities, U.S Government Agency Debentures, U.S. Government Sponsored Securities or Obligations and as noted below, a permissible investment must have a minimum rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Short Term Ratings designated below will be applied to investments maturing in 13 months or less from time of purchase.

  • As expected, the more liquid securities, such as US Treasuries, Agency Debentures, and Agency MBS, have lower haircuts relative to the more illiquid securities, such as Asset Backed Securities and Corporate Bonds.

  • That proprietary data shows a fall in rates for Treasury, Agency Debentures and Agency MBS tri-party repos that closely mimics the Bloomberg data.

  • For the three asset groups that make up the majority of collateral posted in this market - Treasuries, Agency Debentures and Agency MBS- haircuts hardly moved over the second half of the 2008.In the next set of figures we plot six vertical lines marking significant adverse moments in the US financial system between July 2008 and June 2009.

  • Relative to the Standard dealer, Specialty dealers are smaller in size, have fewer investors, and often are not financing tri-party repo’s mainstay securities of Treasuries, Agency Debentures and Agency MBS.21 The typical Standard dealer finances about $97 billion a day in tri-party repo, compared to only $1 billion for the Specialty dealer.

  • U.S. Treasuries 30% Agency NBSs and CMOs, 41% Agency Debentures 10% Less Liquid, 19% $320 Billion IG BondsEquities ABSSG Bonds CMOsOther Total Secured Funding Financed in Triparty Market$1,800$1,600$1,400$1,200$1,000$800$600$400$200$0Treasuries Agency Agency CorporateMBSs Debentures BondsFor both exhibits, triparty data is shownas of April 7, 2010.

Related to Agency Debentures

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Agency Securities means negotiable debt obligations which are fully guaranteed as to both principal and interest by the Federal National Mortgage Association, the Government National Mortgage Association or the Federal Home Loan Mortgage Corporation, but excluding (i) interest only and principal only securities and (ii) Collateralized Mortgage Obligations, Real Estate Mortgage Investment Conduits and similar derivative securities.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • 2013 Notes means the 4.375% Senior Secured Notes due 2023 and the 5.950% Senior Secured Notes due 2043 issued by the Issuer on March 18, 2013.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Commercial Paper Notes means short-term promissory notes issued or to be issued by a Conduit Purchaser to fund its investments in accounts receivable or other financial assets.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • DTC Notes means Notes cleared, settled and maintained on the DTC System, registered in the name of a nominee of DTC. All of the Notes will be DTC Notes at issuance.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • Series C Equipment Notes means Equipment Notes issued under an Indenture and designated as "Series C" thereunder.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • 2022 Notes means the 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • Convertible Debentures means the 10½% Convertible Subordinated Debentures due 2007 of the Company.

  • 2023 Notes means the 6 7/8% Notes due 2023 issued by NTL pursuant to the 1988 Indenture.