Treasury Investors Growth Receipt (TIGER)
Treasury Investors Growth Receipt (TIGER)
Definition: US government-backed bonds without coupons, meaning that the bondholders do not receive the periodic interest payments. The principal of the bond and the individual coupons are sold separately.
Definition: US government-backed bonds without coupons, meaning that the bondholders do not receive the periodic interest payments. The principal of the bond and the individual coupons are sold separately.