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Neither Donald Trump nor Hillary Clinton is fully guaranteed to win the parties' respective nominating contests.
Loans or extensions of credit secured by bonds, notes, certificates of indebtedness, or Treasury bills of the United States or by other such obligations fully guaranteed as to principal and interest by the United States shall not be subject to any limitation based on capital and surplus.
(C) The instrument must be fully guaranteed as to principal and interest by the United States for its entire term.
(iii FNMA security means an obligation, participation, or any instrument of or issued by, or fully guaranteed as to principal and interest by, the Federal National Mortgage Association.
(iv GNMA security means an obligation, participation, or any instrument of or issued by, or fully guaranteed as to principal and interest by, the Government National Mortgage Association.
L. 95 630 substituted "any obligations which are direct obligations of, or are fully guaranteed as to principal and interest by, the United States or any agency thereof" of "direct obligations of the United States".
The 1966 amendment also gave the Fed the authority "to buy and sell in the open market … any obligation, which is a direction obligation of, or fully guaranteed as to principal and interest by, any agency of the United States". In other words, the Fed could buy debt from agencies other than the U.S. Treasury, so long as it was otherwise guaranteed by the government.
Yet he cautioned that the additional investment could never fully guarantee against frauds.
Just a few years ago, the European Commission said that countries should fully guarantee deposits up to that amount.
But some airline executives were pressing yesterday for the loans to be fully guaranteed and to stretch for as long as 10 years.
The five-year deal breaks down to a two-year contract with $36.5 million fully guaranteed, with options to go another three years for an additional $38.5 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com