Interest-bearing obligations of the U.S. government issued by the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. Marketable Treasury securities fall into three categories — bills, notes and bonds. Marketable Treasury obligations are currently issued in book entry form only; that is, the purchaser receives a statement, rather than an engraved certificate.
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About this Entry
This page contains a single entry by David published on July 11, 2005 11:12 PM.
TRAVEL INSURANCE was the previous entry in this blog.
TREATY REINSURANCE is the next entry in this blog.
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