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INVESTMENT OBJECTIVE:"The iShares Agency Bond ETF seeks to track the investment results of an index composed of agency securities that are publicly issued by U.S. government agencies(more than half of which are mortgages), and corporate and non-U.S. debt guaranteed by the U.S. government." from iShares - |
So, some Israeli and Iraqi debt is guaranteed by the U.S. government, but that of the Tennessee Valley Authority, which provides electric service to 10 million Americans, and employs 10,000 Americans, is not?
