| Certificate of Indebtedness |
A short-term fixed income security issued by the United States Treasury that has a coupon.
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Unlike treasury bills--which are sold at a discount and mature at par value without a coupon payment--certificates of indebtedness offer fixed coupon payments. Certificates of indebtedness typically mature in one year or less.
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Money Market Tutorial - If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market. |
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