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Types of Bonds

Primary GSE Issuance Programs

Federal Farm Credit Banks
Designated Bonds™, MasterNotessm, Calendar Bond Program™, Discount Notes
Federal Home Loan Banks
TAP Issues™, Medium-Term Notes, MasterNotessm, Discount Notes
Freddie Mac
Reference Notes™, Reference Bonds™, Reference Bills™, Euro Reference Programme™, Discount Notes, Medium Term Notes, FreddieNotes™, and EstateNotes™
Fannie Mae
Benchmark Notes™ and Benchmark Bonds™, Benchmark Bills™, Callable Benchmark Notes™, Discount Notes, Medium-Term Notes and Fannie Mae Investment Notes™
Electronotes™, Power Bonds™ and Discount Notes

All information and opinions contained in this publication were produced by the Securities Industry and Financial Markets Association from our membership and other sources believed by the Association to be accurate and reliable. By providing this general information, the Securities Industry and Financial Markets Association makes neither a recommendation as to the appropriateness of investing in fixed-income securities nor is it providing any specific investment advice for any particular investor. Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and sources may be required to make informed investment decisions.