The following are not considered federal securities and are taxable:
Federal Agency Obligations:
Building and Loan Associations
Credit Unions, federal or state
Export-Import Bank of the United States
Federal Agricultural Mortgage Corporation (Farmer Mac)
Federal Home Loan Mortgage Corporation (Freddie Mac) Securities
Federal Housing Administration
Federal income tax refunds, interest
Federal National Mortgage Association
Federal National Mortgage Association (Fannie Mae) Securities
Government National Mortgage Association (Ginnie Mae) Securities
Merchant Marine (Maritime Administration)
Money Market Certificates
Mortgage Participation Certificates
Savings and Loan Associations, federal or state
Small Business Administration
Obligations of International Institutions:
Asian Development Bank
Inter-American Development Bank
International Bank for Reconstruction and Development (World Bank)
Other Obligations:
Washington D.C. Metro Area Transit Authority
