They are: the Treasury Bills, the Treasury Certificates
, and the Ways and Means Advances which, by law, had to be retired at the end of the fiscal year.
The interest rate on Treasury bills fell 90 basis points, yields on Treasury certificates
and notes dropped 114 basis points, and Treasury bond rates declined 42 basis points.
The Fed also bought nearly $3.4 billion in relatively short-term Treasury certificates
over the same period.
Tables 4.1 and 4.2 show data for money supply aggregate and the money market instruments consisting of Treasury Bills, Treasury Certificates
, Certificate of Deposits, Commercial Papers and Bankers Acceptances.
The remaining EUR1bn required will be financed by issuing more Treasury Certificates
, the agency said.
We evaluate various portfolios with different share of instruments of money and capital market available to investors, such as treasury certificates
, treasury bonds, bank deposits and shares of companies listed on Warsaw Stock Exchange.
Treasuries firmed in Asia, after a market holiday on Monday, drawing some support from waning hopes for a quick deal to bolster the rescue fund.Belgium provides the latest test of investor sentiment over euro zone debt on Tuesday with an issue of three-month and 12-month treasury certificates
If, however, it is expected that a six months or three months deposit will be rolled over, the portfolio may be invested in a less marketable, but more earning-yielding assets and perhaps, more risky securities with a longer-term maturities like commercial papers, development stocks, treasury certificates
of 180-day or 360-day maturities and bankers acceptances (Ezema, 1993 and Uremadu, 2007).
With this object in view all of the short-term notes issued in the course of the refunding have been given maturities on quarterly tax-payment dates, and all outstanding issues of Treasury certificates
have likewise been reduced to tax maturities.")
(a) CATs--Certificates of Accrual on Treasury Certificates
BCV director Domingo Maza Zavala said the bank sold its US Treasury certificates
of deposit because "the US dollar has been depreciating relative to the euro....It was thus considered convenient." About 60% of Venezuela's foreign reserves are now placed in euros and 40% in US dollars, according to Maza Zavala.
system, the government borrows from Social Security when it is in surplus, depositing interest-bearing Treasury certificates
in the trust fund, and must later redeem these certificates with interest when Social Security is in deficit.