| 释义 |
Quarterly financing Quarterly financingFebruary 15, May 15, August 15 and November 15, or next working day offerings of several "coupon" security issues. Quarterly issues currently consist of a 3-year note, a 10-year note, and a 30-year bond. The Treasury sometimes offers additional amounts of outstanding long-term notes or bonds, rather than selling new security issues. See: Reopening.Quarterly FinancingA debt security in which portions of the same issue are offered four times per year, on the 15th of February, May, August, and November. That is, rather than making a new issue, an issuer may use quarterly financing instead; this usually saves on the expense of making a whole new issue. Examples of quarterly financing include three-year and 10-year notes, as well as 30-year bonds. |