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lakemen
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Joined: 18 May 2005
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 Posted: Sat Jul 08, 2006 11:35 am Post subject: Treasury Securities
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Treasury Securities
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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