British government stock


 

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British government stock

See 'gilt-edged stock' (gilts).



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Lehman Brothers Government Bond Index

Lehman Brothers Government Bond Index

A benchmark index made up of the Treasury Bond Index and the Agency Bond Index as well as the 1-3 Year Government Index and the 20+ Year Treasury Index.


State and local government series (SLUGs)

State and local government series (SLUGs)

Special nonmarketable certificates, notes, and bonds offered to state and local governments as a means to invest proceeds from their own tax-exempt financing. Interest rates and maturities comply with IRS arbitrage provisions. Slugs are offered in both time deposit and demand deposit forms. Time deposit certificates have maturities of up to one year. Notes mature in one to ten years and bonds mature in more than ten years. Demand deposit securities are one-day certificates rolled over with a rate adjustment daily.


Government procurement practice

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The methods by which units of government and state-owned enterprises determine from whom to purchase goods and services. When these methods include a preference for domestic firms, they constitute an NTB. Subject of a Tokyo Round Code, later a WTO plurilateral agreement.


Government National Mortgage Association

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Governments

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U.S. government-issued securities, such as Treasury bills, bonds, and notes, and savings bonds. Governments are considered among the safest investments available as they are backed by the U.S. government. Also used to refer to debt issues of federal agencies, which are not directly backed by the U.S. government.


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Non-governmental organization
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