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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 MatchesGovernment obligationsGovernment obligationsU.S. government-backed debt instruments, which are considered among the safest investments possible, including Treasury bonds, bills, and notes, and savings bonds. Government procurementGovernment procurementPurchase of goods and services by government and by state-owned enterprises. Transparency in government procurement is one of the Singapore Issues. Government National Mortgage AssociationGovernment National Mortgage AssociationIn the US, a government-owned corporation which guarantees payment of interest and principal of mortgage-backed pass through securities. The corporation is nicknamed Ginnie Mae. Gnma (government National Mortgage Association) OptionsGnma (government National Mortgage Association) OptionsA method of purchasing GNMA securities through "puts" and calls." A GNMA Call Option is the right to buy GNMA securities at a specific yield for a specified time, A Put Option is the right to sell GNMA securities at a specific yield for a specified time. The buyer pays for the option and may exercise it, not exercise it, or sell it. FT Government SecuritiesFT Government SecuritiesAn index of a range of Government Securities (gilts) prices. Further SuggestionsNon-governmental organizationBritish government stock Government sponsored enterprises Government securities Lehman Brothers Government or Corporate Bond Index Government procurement practice Salomon Brothers Non US Dollar World Government Bond Index Lehman Brothers Government Bond Index Governments Government bond Government insured mortgage Government National Mortgage Association (Ginnie Mae) United States government securities |
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