Treasury Strips means the U.S. Treasury strips held by Funding or an escrow agent to secure the first 13 dividend payments on the Funding Preferred Securities. Each group of Treasury Strips that is payable on or about a dividend payment date shall be considered, for purposes of this paragraph, a "Class of Treasury Strips."
Treasury Strips. The percentage determined by reference to the remaining term to maturity of such asset, in accordance with the table set forth below.
Treasury Strips means the zero-coupon United States Treasury securities in the face amounts, and with the maturity dates, specified in Schedule 1 hereto.
Examples of Treasury Strips in a sentence
The applicable maturity date for these U.S. Treasury Strips is on or next following the last day of the Guarantee Period.
Index Rate The Index Rate is the average of the Ask Yields for the U.S. Treasury Strips as reported by a national quoting service for the applicable maturity.
The risk-free interest rate is based on the yield available on U.S. Treasury Strips with an equivalent remaining term.
INDEX RATE The Index Rate is the average of the Ask Yields for the U.S. Treasury Strips as reported by a national quoting service for the applicable maturity.
The objective of this component of the portfolio is to replicate the returns of the Customized Benchmark which consists of U.S. Treasury Strips, BC Corporate Index, and BC Fixed-Rate Mortgage-Backed Index.
More Definitions of Treasury Strips
Treasury Strips. The percentage determined by reference to the remaining term to maturity of such asset, in accordance with the table set forth below. U.S. Government Securities U.S. Treasury Strips Remaining Term to Maturity Discount Factor Discount Factor -------------------------- -------------------------- -------------------- 1 year or less 107% 107% 2 years or less (but longer than 1 year) 113 115 3 years or less (but longer than 2 years) 118 121 4 years or less (but longer than 3 years) 123 128 5 years or less (but longer than 4 years) 128 135 7 years or less (but longer than 5 years) 135 147 10 years or less (but longer than 7 years) 141 163 15 years or less (but longer than 10 years) 146 191 20 years or less (but longer than 15 years) 154 218 30 years or less (but longer than 20 years) 154 244
Treasury Strips. The percentage determined by reference to the remaining term to maturity of the security in accordance with the table below.
Treasury Strips means a portfolio of zero-coupon U.S. Treasury securities consisting of principal or interest strips of U.S. Treasury securities that mature on or prior to November 15, 2004, which is purchased by the Purchase Contract Agent pursuant to the terms of the Purchase Contract Agreement dated as of December 21, 2001, as amended, on behalf of the holders of Feline Prides."
Treasury Strips means (i) securities that are based on securities that are direct obligations of, or fully guaranteed by, the full faith and credit of the United States and (ii) created through the Separate Trading of Registered Interest and Principal of Securities program.
Treasury Strips means principal and interest strips of U.S. Treasury securities that consist of principal or interest strips maturing on or prior to November 15, 2004 and that are purchased by the Purchase Contract Agent pursuant to the terms of the Purchase Contract Agreement dated as of December 21, 2001 on behalf of the holders of Feline Prides I.
Treasury Strips. The percentage determined by reference to the remaining term to maturity of such asset, in accordance with the table set forth below. U.S. Government Securities U.S. Treasury Strips Remaining Term to Maturity Discount Factor Discount Factor -------------------------- --------------- --------------- 1 year or less 107% 107% 2 years or less (but longer than 1 year) 113 115 3 years or less (but longer than 2 years) 118 121 4 years or less (but longer than 3 years) 123 128 5 years or less (but longer than 4 years) 128 135 7 years or less (but longer than 5 years) 135 147 10 years or less (but longer than 7 years) 141 163 15 years or less (but longer than 10 years) 146 191 20 years or less (but longer than 15 years) 154 218 30 years or less (but longer than 20 years) 154 244
Treasury Strips. $20,000,000 (maturity amount) of United States Treasury STRIPS, which are zero coupon direct obligations of the United States of America, due May 15, 2030 and sold to the Trust by the Depositor. Additional Treasury STRIPS may also be sold to the Trust from time to time pursuant to Section 5 of this Series Supplement.