This page offers an array of resources including flashcards, quizzes, and a glossary to help you master key concepts related to government securities and agency issues. Ideal for SIE exam preparation, these tools will help reinforce your knowledge and boost your confidence.
Test your knowledge with these practice questions
Important concepts to remember
Short-term government securities with maturities of one year or less, sold at a discount and maturing at face value.
Intermediate-term government securities with maturities ranging from 2 to 10 years, paying interest semiannually.
Long-term government securities with maturities exceeding 10 years, also paying interest semiannually.
Government securities whose principal value is adjusted by inflation, with interest paid on the adjusted value.
Zero-coupon bonds created by separating the interest and principal components of Treasury securities.
A government agency that guarantees the timely payment of principal and interest on mortgage-backed securities.
A government-sponsored enterprise that buys and guarantees mortgages, helping to ensure liquidity in the housing market.
A GSE that supports the housing market by purchasing mortgages, pooling them, and issuing mortgage-backed securities.
Private entities created by Congress to improve market efficiency and liquidity in sectors like housing and agriculture.
Financial instruments backed by a pool of mortgages, providing returns based on the payments from the underlying loans.
The potential for the value of fixed-income securities to decrease as interest rates rise.
The risk that borrowers will pay off their loans earlier than expected, affecting the returns on mortgage-backed securities.
The market where previously issued securities, such as Treasury bonds, are bought and sold among investors.
A type of bid in Treasury auctions where the bidder specifies the yield or price they are willing to accept.
A type of bid in Treasury auctions where the bidder accepts the yield set at the auction without specifying a price.
