Treasury Bills (T-Bills) are short-term securities issued by the U.S. Treasury with maturities ranging from a few days to one year, providing a safe investment option.
Treasury Bonds, commonly referred to as T-Bonds, are long-term financial instruments issued by the U.S. Department of the Treasury with maturities typically ranging from 10 to 30 years. They are a secure investment option guaranteeing periodic interest payments and the return of principal upon maturity.
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.
The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency established in 1933. It insures deposits up to $250,000 in member commercial banks and sometimes acts to prevent bank failures.
FedWire is a high-speed, computerized communications network that connects Federal Reserve Banks, branches, and specific U.S. Treasury offices, facilitating instant financial transactions and reserve balance transfers.
An in-depth look into mortgage modification, its legislative background, and U.S. Treasury Department initiatives designed to help lenders avoid foreclosure.
A comprehensive overview of the Series HH Bond, a type of U.S. government bond once available in exchange for Series E or EE bonds, including its history, functions, and cessation.
Understanding the requirement for employers to report vested benefits to the U.S. Treasury Department and the Social Security Administration, and how employees can access this information.
STRIPS Bonds, also known as Separate Trading of Registered Interest and Principal of Securities, are pre-stripped zero coupon bonds that are direct obligations of the U.S. Treasury. This entry provides an in-depth look at STRIPS Bonds, their characteristics, and applications.
A Tax and Loan (T&L) Account is an account held at private-sector depository institutions in the name of the district Federal Reserve Bank, serving as a repository for operating cash available to the U.S. Treasury.
An electronic system enabling individual investors to make noncompetitive bids on U.S. Treasury securities, bypassing banks and broker-dealers to avoid fees.
A comprehensive encyclopedia entry on U.S. Savings Bonds, a fixed-income security issued by the U.S. Department of the Treasury, including types, special considerations, historical context, and more.
The Internal Revenue Service (IRS), part of the U.S. Department of the Treasury, is responsible for enforcing and administering federal tax laws, processing tax returns, and conducting audits. This article provides a comprehensive look at the IRS's roles, functions, and its significance in the U.S. tax system.
An in-depth overview of the Office of Foreign Assets Control (OFAC), its role within the U.S. Treasury, and its enforcement of sanctions against nations, groups, and individuals.
A comprehensive guide to Series EE Bonds, including their definition, mechanics, how they work, and maturity details. Learn about their guaranteed returns and unique features.
An in-depth look at the Troubled Asset Relief Program (TARP), created and administered by the U.S. Treasury following the 2008 financial crisis to stabilize the financial system.
An in-depth look at the U.S. Treasury's history, the Internal Revenue Service (IRS), and the various financial instruments such as Treasury bonds, notes, and bills that it issues.
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