certificate of accrual on treasury securities


Definition
CATS. Type of zero-coupon bond issued by the U.S. Treasury that is sold to financial institutions and then resold to investors. Certificate of Accrual on Treasury Securities do not pay interest payments, but are attractive to investors because they are sold at steep discounts and pay the full face value at the time of maturity.

Related Personal Finance Articles

Loading...

certificate of accrual on treasury securities in the news

Loading...

certificate of accrual on treasury securities is ...

... part of the Bonds subject.

Search volume for certificate of accrual on treasury securities

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z