A United States Treasury security is a government debt issued by the United States Department of the Treasury through the Bureau of the Public Debt. Treasury securities are the debt financing instruments of the United States federal government, and they are often referred to simply as Treasuries. There are four types of marketable treasury securities: Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities (TIPS). There are several types of non-marketable treasury securities including State and Local Government Series (SLGS), Government Account Series debt issued to government-managed trust funds, and savings bonds. All of the marketable Treasury securities are very liquid and are heavily traded on the secondary market. The non-marketable securities (such as savings bonds) are issued to subscribers and cannot be transferred through market sales.
Read more about United States Treasury Security: History
Famous quotes containing the words united states, united, states, treasury and/or security:
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—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Fortunately, the time has long passed when people liked to regard the United States as some kind of melting pot, taking men and women from every part of the world and converting them into standardized, homogenized Americans. We are, I think, much more mature and wise today. Just as we welcome a world of diversity, so we glory in an America of diversity—an America all the richer for the many different and distinctive strands of which it is woven.”
—Hubert H. Humphrey (1911–1978)
“My only rival, the United States cavalry.”
—James Kevin McGuinness, and John Ford. Mrs. Yorke (Maureen O’Hara)
“Listen to me, imbecile. If the Treasury is important, then human life is not. This is clear. All those who think like you ought to admit this reasoning and count their lives for nothing because they hold money for everything.”
—Albert Camus (1913–1960)
“Modern children were considerably less innocent than parents and the larger society supposed, and postmodern children are less competent than their parents and the society as a whole would like to believe. . . . The perception of childhood competence has shifted much of the responsibility for child protection and security from parents and society to children themselves.”
—David Elkind (20th century)