TERMIUM Plus®

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CERTIFICATE ACCRUAL TREASURY SECURITIES [1 record]

Record 1 1997-11-17

English

Subject field(s)
  • Investment
DEF

Zero coupon Treasury securities, with the coupon stripped. A wide variety of stripped Treasury certificates with animal names has been issed, including TIGRs (the first), ZEBRAs, COUGRs (Certificates of Government Receipts) and LIONs (Lehman Investment Opportunity Notes). DOGs, GATORs, RATs and EAGLEs are also found. The U.S. Treasury mundanely called its own stripped Treasury securities, Separate Trading of Registered Interest and Principal Securities (STRIPS).

OBS

The French Treasury issued an equivalent bond called Fonds d'État Libres d'Intérêt Nominal.

French

Domaine(s)
  • Investissements et placements

Spanish

Campo(s) temático(s)
  • Inversiones
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