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Present at On on Govt_Bonds

Present at On on Govt_Bonds

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Published by: AHMER040 on Apr 24, 2010
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06/10/2010

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Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin
18
Government Bonds
 
18-2
Government Bonds
Our goal in this chapter is to examine the securitiesissued by federal, state, and local governments.Together, these securities represent more than $6trillion of outstanding debt.
 
18-3
Government Bond Basics, II.
Marketable
securities can be traded among investors.
Marketable
securities issued by the U.S. Governmentinclude T-bills, T-notes, and T-bonds.
Non-marketable
securities must be
redeemed
by theissuer.
Non-marketable
securities include U.S. Savings Bonds,Government Account Series, and State and LocalGovernment Series.

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