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Treasury obligations

DEFINITIONS OF: Treasury obligations

1

n negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time

Synonyms:
Treasury
Types:
T-bill, Treasury bill
a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
Treasury bond
a debt instrument with maturities of 10 years or longer
Treasury note
securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction
Type of:
government bond
a bond that is an IOU of the United States Treasury; considered the safest security in the investment world
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