(FINANCE) bonds issued by the treasury of a country.
In the USA, the US Department of the Treasury serves as the underwriter for the federal government; it floats bonds and short term securities ("paper"), which is then used by central banks around the world as hot money.
Includes
--the t-bill: short term (>91 days); discounted
--the treasury note: up to 10 years; coupons
--the treasury bond: longer than 20 years; coupons
In the USA, the US Department of the Treasury serves as the underwriter for the federal government; it floats bonds and short term securities ("paper"), which is then used by central banks around the world as hot money.
Includes
--the t-bill: short term (>91 days); discounted
--the treasury note: up to 10 years; coupons
--the treasury bond: longer than 20 years; coupons
by Abu Yahya May 5, 2010
Get the Treasury securities mug.Silly bits of string and plastic designed primarily to keep bundles of paper together as an alternative to the much more sensible and readily available staple. Secondary purpose to panic and annoy students who didn't read the essay submission guidelines, which specify that these demons of the stationary realm must be used.
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Student: Curse you, petty and pedantic guidelines!
Student: Curse you, petty and pedantic guidelines!
by Judy Jonesy June 18, 2013
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