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GNMA |
Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia | 0.07 sec. |
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| Securities guaranteed by the Government National Mortgage Association, called GNMA securities or Ginnie Mae securities, are about as safe as Treasury bonds and have shown higher yields. Some investors are moving assets to the safe and sure, if Payden & Rygel's year-old GNMA fund is any indicator. Until the first of the year, it was in AARP GNMA and US Treasury fund. |
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