AGNC launches three mortgage bond indices with ICE

AGNC Investment Corp. (NASDAQ: AGNC) announced the launch of three fixed income indices developed in collaboration with Intercontinental Exchange Inc. (NYSE: ICE) to track current coupon agency mortgage-backed securities performance.

The three indices include the AGNC ICE UMBS 30-Year Current Coupon Index, comprising 30-year fixed rate residential mortgage-backed securities issued under the Uniform Mortgage-Backed Security program guaranteed by Fannie Mae and Freddie Mac. The AGNC ICE UMBS 15-Year Current Coupon Index tracks 15-year fixed rate residential mortgage-backed securities under the same program. The AGNC ICE GNMA 30-Year Current Coupon Index covers 30-year fixed rate residential mortgage-backed securities guaranteed by Ginnie Mae.

"These indices will provide market insights and performance data for the most liquid and actively traded segments of the Agency MBS markets," said Sean Reid, AGNC's Executive Vice President of Strategy and Corporate Development.

AGNC Investment Corp., founded in 2008, invests in agency residential mortgage-backed securities that carry guarantees against credit losses from Fannie Mae, Freddie Mac, or Ginnie Mae. The company operates on a leveraged basis, financing assets primarily through repurchase agreements. AGNC reports paying over $15 billion in common stock dividends since inception.

The information is based on a company press release statement.

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