treasury bills maturity
The main securities traded on the market and issued by the U.S. Treasury, are treasury bills maturity, the debt certificates, promissory notes and bonds. These securities have a number of important features. With them are actively conducted operations on the market, they are considered to be very reliable from the point of view of payments of principal and interest, serve as a solid secured loans. Marketable securities are subject to interest rate risk. If the General level of interest rates increases, it drops the price of the securities purchased by investors. Government bonds are also subject to the risks associated with a reduction in the purchasing power of the dollar (or the currency in which paid as the principal amount and percentage (inflation)
treasury bills maturity are non-interest bearing liabilities, distributed and quoted on the basis of the discount.
Notes are issued with a maturity of 90, 180 days and 1 year. Debt certificates have a maturity of one to five years. Long-term Treasury bonds (Treasury bonds) have a maturity of more than 5 years. Treasury bonds, as a rule, can be purchased by the Treasury at par at any time of choice for several years prior to their maturity term.
Treasury bills put up to auction every Monday, one issue has a maturity of up to 13 weeks, and the other - in the 26 weeks. Promissory notes are sold to the persons who offered the highest price in comparison with that which was received by subscription amount, sufficient for the organization of sale of promissory notes, proposed by the Treasury. Coupon securities, including debt certificates, promissory notes and bonds sold to the Treasury for the auction. The Treasury may offer to the holders of securities issues with the maturity of exchange them for new issues. Holders of treasury bills maturity are different the possibility of early refinancing (for example, preliminary refinancing, in accordance with which the holders of treasury bills maturity of less than one year is granted the right to exchange them for issues of securities with longer maturity from 1 to 5 years).
Savings bonds of the USA are designed primarily for private investors. These bonds and the bonds are not subject to transfer and may not be secured Bank loans. They are considered to be very reliable for investment and have a very attractive yield at maturity. On bonds of E series with a maturity of 7 years and nine months income is paid at maturity or in the event of early redemption.
The notes may be redeemed at the request in accordance with the price scale. The owners of the bonds may extend the maturity date for an additional ten years. Bonds of H series with a maturity of 10 years are purchased at face value, they are paid a percentage of 2 times a year they registered holder of the Treasury. The bonds can be redeemed on demand at their nominal value.
