Treasury Investment Growth Receipts - TIGRs
- Treasury Investment Growth Receipts - TIGRs
- Stripped Treasury securities offered at a significant discount to face value and backed by the U.S. government. TIGRs were introduced by Merrill Lynch and were originally issued between 1982 and 1986. TIGR bonds were discontinued when the U.S. government began issuing public STRIPS in 1986.
TIGRs are one of a small class of bonds known as "feline" securities, due to their catlike acronyms. Created before the more popular Treasury STRIPS, this form of investment vehicle is progressively deteriorating. TIGRs are generally traded on secondary markets to individuals wishing to ensure future cash flows or profit from interest rate volatility.
Investment dictionary.
Academic.
2012.
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Treasury Investment Growth Receipts — ⇡ TIGRs … Lexikon der Economics
Treasury Receipt — A zero coupon bond issued by a brokerage firm and collateralized by treasury securities held for the investor by a custodian. In general, stripped U.S. Government bonds are referred to as Treasury receipts but are better known as TIGRS… … Investment dictionary
TIGRs — Abk. für Treasury Investment Growth Receipts; finanzinnovative Wertpapierform in den USA, bei der ⇡ Treasury Bonds in zwei getrennte Wertpapiere aufgeteilt werden: (1) Das erste Papier verbrieft ein Recht auf den Rückzahlungsbetrag und wird… … Lexikon der Economics
ПРОГРАММЫ СТРИПС — SEPARATE TRADING OF REGISTERED INTEREST AND PRINCIPAL OF SECURITIES STRIPSОтделение купонов от основной облигации. Акроним, применяемый в отношении некоторых средне и долгосрочных облигаций с нулевым купоном Казначейства США. По просьбе инвестора … Энциклопедия банковского дела и финансов
ОБЛИГАЦИИ С НУЛЕВЫМ КУПОНОМ — ZERO COUPON BONDS, COURGsОблигации корпораций, по к рым не производится периодическая (2 раза в год) выплата процентов, как по обычным облигациям. Вместо этого такие облигации продаются со скидкой от номинальной стоимости, а при окончательном… … Энциклопедия банковского дела и финансов
