Accueil > Term: 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.
- Partie du discours : noun
- Secteur d’activité/Domaine : Services financiers
- Catégorie : Finance général
- Company: Bloomberg
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- Harry8L
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