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.

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You should try and find a good price on a CERTIFICATE OF ACCRUAL ON TREASURY SECURITIES that will be a steady earner for you.

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The certificate of accrual on treasury securities was included in our portfolio because we did not care about interest payments.

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They received a certificate of accrual on treasury securities and that was a really interesting thing to work with and talk about.

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Certificate in Investment Performance Measurement (CIPM) certificate of analysis