# 美国国债(US Treasury) **Published by:** [atopos](https://paragraph.com/@atopos/) **Published on:** 2022-05-21 **URL:** https://paragraph.com/@atopos/us-treasury ## Content 名词释义 Primary Market 一级市场 Secondary Market 二级市场 IPO(Initial Public Offering)首次公开募股。 T-Bill(Treasury Bill),4、8、13、26、52周,没有Coupon(票面利息),Purchase Price(买价)和 Par Value(面值)。 只有有可能折价发行,Discount Rate(折价率)。差价叫Capital Gain(资本利得)。 T-Note(Treasury Note) T-BOND(Treasury Bond),变种Savings Bond TIPS(Treasury Inflation Protected Securities)防止通货膨胀 FRN(Floating Rate Note)浮动利息国债,两年期,每6个月付利息,根据13周的T-Bill付息。 Series EE Series I Savings Bonds CD(Certificate deposit)定期存款,商业银行发行。 CD Laddering 免州税、地方税,收联邦税。 从Treasury Direct买,只能Non Non-competitive bidding 银行、券商买,还是从Treasury Direct买。 Coupon Payment 票面利息(名义利率) yield 实际利率 Interest Rate 利率 Cap-----Floor ## Publication Information - [atopos](https://paragraph.com/@atopos/): Publication homepage - [All Posts](https://paragraph.com/@atopos/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@atopos): Subscribe to updates