Documents nycirc_1978_08420.pdf

F E D E R A L R E S E R V E B A N K O F N E W Y O R K Fisca! Agent of the United States Circular No. 8420 September 14. 1978 T R E A S U R Y T O A U C T IO N $2,684 M IL…

Documents Basic Features of a Bond

Basic Features of a Bond Pay a fixed amount of interest periodically to the holder of record Repay a fixed amount of principal at the date of maturity Bond market is divided…