CATS. Type of zero-coupon bond issued by the U.S. Treasury that is sold to financial institutions and then resold to investors. Certificate of Accrual on Treasury Securities do not pay interest payments, but are attractive to investors because they are sold at steep discounts and pay the full face value at the time of maturity.
Related information about certificate of accrual on treasury securities:
- Frequently Asked Questions | J.P. Morgan
I had a Corporate Trust account with you. Who can I contact regarding it? I have a Certificate of Accrual on Treasury Securities (CATS) certificate. How do I cash ...
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I have a Certificate of Accrual on Treasury Securities ( CATS) certificate. How do I cash it in? This business was sold to The Bank of New York, effective October ...
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Certificate of Accrual on Treasury Securities. Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia, 0.03 sec.
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Certificate of Accrual on Treasury Securities (CATS): read the definition of Certificate of Accrual on Treasury Securities (CATS) and 8000+ other financial and ...
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Definition of certificate of accrual on treasury securities: CATS. Type of zero- coupon bond issued by the U.S. Treasury that is sold to financial institutions and ...
- Certificate of Accrual on Treasury Securities (CATS ... - ExpertGlossary
Certificate of Accrual on Treasury Securities (CATS) · All > Business > Finance > Personal Finance. CATS are US Treasury zero-coupon bonds that are sold at ...
- Certificate of Accrual on Treasury Securities (CATS) - AllBusiness.com
U.S. Treasury issues, sold at a deep discount from face value. A zero-coupon security , they pay no interest during their lifetime, but return the full face value at ...