Government Agencies

166266628The JVB Agency Desk looks to enhance your client’s portfolio with various types of Agency products distributed through our vast array of contacts in the Primary and Secondary markets.  These Government-Sponsored Enterprises (GSEs) provide many different structures including fixed coupons, step-ups, estate features, callables, and non-callable bonds.  Among the most active issuers of Agency debt are Federal Farm Credit System Banks (FFCB), Federal Home Loan Banks (FHLB), Federal Home Loan Mortgage Corporation (Freddie Mac), Federal National Mortgage Association (Fannie Mae), Farmer Mac, and Tennessee Valley Authority (TVA).

JVB has adopted the “access = delivery” model with respect to its obligation to deliver offering documentation in connection with securities issued by Government Sponsored Enterprises (“GSEs”).   Term sheets, pricing supplements, and financial reports (including notices and circulars) for transactions in newly issued GSE securities can be obtained directly from the respective GSE websites:

Federal Home Loan Bank (FHLB)
Federal Farm Credit Bank (FFCB)
Government National Mortgage Association (GNMA or “Ginnie Mae”)
Federal National Mortgage Association (FNMA or “Fannie Mae”) – Mortgage-Backed Securities
Federal National Mortgage Association (FNMA or “Fannie Mae”) – Debt Securities
Federal Home Loan Mortgage Corporation (FHLMC or “Freddie Mac”) – Mortgage-Backed Securities
Federal Home Loan Mortgage Corporation (FHLMC or “Freddie Mac”) – Debt Securities
Farmer Mac – Debt Securities

Information regarding the “access = delivery” guidelines of the Securities Industry and Financial Markets Association (SIFMA) can be obtained by visiting the SIFMA website. Physical copies of offering materials may be requested by contacting your JVB Representative or the JVB Compliance Department at compliance@jvbfinancial.com or (561) 416-5876.