Treasury STRIPS, Zero-Coupon Securities, and Receipts

This branch groups stripped and zero-coupon Treasury receipt terms because their cash-flow profile is different from coupon Treasuries.

In this section

• Certificate of Accrual on Treasury Securities (CATS): Zero-Coupon Treasury Security
  A Certificate of Accrual on Treasury Securities (CATS) is a type of zero-coupon U.S. Treasury security that does not pay periodic interest but is sold at a discount and matures at face value.
• Gilt Strip: A Discount UK Government Stock
  A comprehensive overview of Gilt Strip, a discount UK government stock issued by the Bank of England since 1996, including its types, importance, and key concepts.
• M-CATS: Municipal Certificate of Accrual on Treasury Securities
  Exploring M-CATS, a type of zero-coupon bond issued by municipalities.
• Treasury Investors Growth Receipt (TIGER): Zero Coupon Government Security
  Treasury Investors Growth Receipt (TIGER) are U.S. government-backed bonds stripped of their coupons sold at a deep discount from their face values, providing maturity value without periodic interest payments.
• Treasury STRIPS (T-Strips): Definition, Investment Strategies, and Benefits
  Comprehensive guide to Treasury STRIPS (T-Strips), including their definition, how to invest, benefits, and considerations.