Net proceeds will be used by the company to fund the acquisition of
Agency securities, non-Agency securities (including credit risk transfer securities), other real estate-related assets and hedging instruments, other investments in, or related to the housing, mortgage or real estate markets and for other general corporate purposes.
AGNC expects to use the net proceeds from the offering to finance the acquisition of
agency securities, non-agency securities (including credit risk transfer securities), other real estate-related assets and hedging instruments and for other general corporate purposes.
AGNC expects to use the net proceeds from the offering to finance the acquisition of
agency securities, non-agency securities (including credit risk transfer securities), other mortgage-related assets and hedging instruments and for other general corporate purposes.
As of March 31, the Company's
Agency Securities portfolio consisted of Fannie Mae, Freddie Mac and Ginnie Mae mortgage securities, substantially all of which are fixed rate securities, and was valued at $6.2 billion on a trade date basis.
When we do this, we see that the decline in the total is mainly due to a decline in
agency securities that are used for tri-party collateral, while the value of Treasury securities and other securities seems to have held roughly steady.
The most likely new homes for those assets are money market funds and Treasury or
agency securities, according to the AFP survey.
Net proceeds from the offering will be used to acquire additional
agency securities subject to market conditions, and for general corporate purposes.
Meanwhile, 77% say they invested in 2010 in governments, such as
agency securities or funds holding
agency securities, little changed from 79% in 2009, while 77% invested in Treasury paper or funds, vs.
Deutsche Bank said it has signed a definitive agreement to acquire Dresdner Bank's Global
Agency Securities Lending business from Commerzbank.
Examining the nature of lending, it should be clear that contemporary "money" is today increasingly comprised of
agency securities and agency-related instruments, along with Wall Street structured products.
Treasury and
agency securities, CDs, and repurchase agreements are usually permitted.
agency security - a security issued by United States government agencies or the Farm Credit System