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State and local government series (SLUGs) |
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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.State and local government series (SLUGs) Similar MatchesBritish government stockBritish government stockSee 'gilt-edged stock' (gilts). Government sponsored enterprisesGovernment sponsored enterprisesPrivately owned, publicly chartered entities, such as the Student Loan Marketing Association, created by Congress to reduce the cost of capital for certain borrowing sectors of the economy including farmers, homeowners, and students. Government procurementGovernment procurementPurchase of goods and services by government and by state-owned enterprises. Transparency in government procurement is one of the Singapore Issues. United States government securitiesUnited States government securitiesDebt issues of the U.S. government, as distinguished from government-sponsored agency issues. Non-governmental organizationNon-governmental organizationA not-for-profit organization that pursues an issue or issues of interest to its members by lobbying, persuasion, and/or direct action. In the arena of international economics, NGOs play an increasing role defending human rights and the environment, and fighting poverty. Further SuggestionsSalomon Brothers Non US Dollar World Government Bond IndexGovernment procurement practice Government bond Lehman Brothers Government or Corporate Bond Index Government National Mortgage Association (Ginnie Mae) Government National Mortgage Association Lehman Brothers Government Bond Index Government securities FT Government Securities Government obligations Government insured mortgage Governments Gnma (government National Mortgage Association) Options |
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