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Gov. Debt
| Question | Answer |
|---|---|
| T Bill | -Short term: 1 year max maturity -Issued at a DISCOUNT/ 0 Interest gained |
| T-Note | -Intermediate Term: 2-10 years maturity -Pays semi-annual dividend |
| T-Bonds | - Long Term: 20-30 years maturity -Pays semi-annual dividend |
| TIPS | Treasury Inflation Protected Securities - 5, 10, or 30 year maturities - Principal Or Par Value fluctuate with the CPI for protection - Coupon rate also changes |
| What is the settlement of Gov. Debt | T+1 |
| How is Gov. Debt taxed | At the federal level, excluded from state/local tax |