U.S. Government Securities
Description
This article is from the What Every Investor Should Know.
U.S. Government Securities
Like state and local governments, the U.S. Government also issues debt securities to raise funds. Because these are backed by the federal government itself, they are considered to have maximum safety characteristics. Government debt securities include Treasury bills with maturities of up to one year, Treasury notes with maturities between one and ten years, and Treasury bonds with maturities between ten and thirty years. Other U.S. Government agencies issue bonds, notes, debentures, and participation certificates.
While government securities do not have to be registered with the SEC, transactions involving them are subject to the antifraud provisions of the securities laws and SEC rules.
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