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Treasury Investment Growth Receipts

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Old 09-24-2005, 04:12 PM
talkgold talkgold is offline
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Default Treasury Investment Growth Receipts
Treasury Investment Growth Receipts
Also referred to as TIGR's these are securities issued by the treasury that are offered at discounts to the face value. They then can be cashed in upon maturity for their face value. These are no longer as popular as they once were. They are only traded on the secondary market.
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