The financial definition for Treasury direct:
A system allowing an individual investor
to make a noncompetitive bid on US Treasury
securities and thus avoid broker-dealer
Certificate of Accrual on Treasury Securities (CATS)Certificate of Accrual on Treasury Securities (CATS)
Refers to a zero-coupon US Treasury issue that is sold at a deep discount from the face value and pays no coupon interest during its lifetime, but returns the full face value at maturity.
US Department of the Treasury, which issues
all Treasury bonds, notes, and bills
as well as overseeing agencies. Also, the department within a corporation
that oversees its financial operations including the issuance of new shares.
Treasury billsTreasury bills
Debt obligations of the US Treasury that
have maturities of one year or
less. Maturities for T-bills are usually 91 days, 182 days, or 52 weeks.
Further Suggestions Treasury bonds
US Treasury bond
US Treasury note
US Treasury securities
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