Treasury Receipt

外汇网2021-06-19 20:54:01 67

A zero-coupon bondissued by a brokerage firm and collateralized by treasury securities held for the investor by a custodian.

|||In general, stripped U.S. Government bonds are referred to as Treasury receipts but arebetter known as TIGRS (Treasury Investment Growth Receipts), CATS (Certificates of Accrual on Treasury Securities), etc.