US Treasury: $16.6 bln gov't securities reconstituted in October
WASHINGTON Nov 6 (Reuters) - The U.S. Treasury Department on Wednesday said $16.56 billion of government securities were reconstituted in October, compared to $13.89 billion in September.
Separate Trading of Registered Interest and Principal of Securities, or STRIPS, are created by separating the interest coupon from the principal payment. The coupon and principal can also be rejoined, or reconstituted.
The Treasury said $9.26 trillion in securities were eligible for stripping in October. Of the total, $195.040 billion were held in stripped form on Oct. 30, compared with $191.748 billion at the end of the prior month.
- Pennsylvania newlyweds "just wanted to murder someone together:" police
- WTO overcomes last minute hitch to reach its first global trade deal
- North Korea frees U.S. Korean War veteran after seven weeks |
- Ice storm causes blackouts, delays in Texas, Arkansas
- Colorado baker discriminated by denying gay couple wedding cake: judge