Continuously Offered Longer-Term Securities - COLTS

AAA

DEFINITION of 'Continuously Offered Longer-Term Securities - COLTS'

A type of bond that's been sold by the World Bank since 1989 in order to finance its operations. The bonds range in length from three to 30 years and can be fixed rate, variable rate or zero coupon.

INVESTOPEDIA EXPLAINS 'Continuously Offered Longer-Term Securities - COLTS'

The World Bank provides financial assistance to developing countries in the form of low-interest loans, no-interest credit and grants. This money helps fund education, health, agriculture and other development initiatives.

RELATED TERMS
  1. International Bank Of Reconstruction ...

    A component of the United Nation's World Bank Group that was ...
  2. Zero-Coupon Bond

    A debt security that doesn't pay interest (a coupon) but is traded ...
  3. International Monetary Fund - IMF

    An international organization created for the purpose of: 1. ...
  4. Organization for Economic Cooperation ...

    A group of 30 member countries that discuss and develop economic ...
  5. The World Bank

    An international organization dedicated to providing financing, ...
  6. Gini Index

    A measurement of the income distribution of a country's residents. ...
Related Articles
  1. Can The IMF Solve Global Economic Problems?
    Economics

    Can The IMF Solve Global Economic Problems?

  2. An Introduction to Microfinance
    Insurance

    An Introduction to Microfinance

  3. What Is The World Bank?
    Insurance

    What Is The World Bank?

  4. An Introduction To The International ...
    Fundamental Analysis

    An Introduction To The International ...

Hot Definitions
  1. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  2. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  3. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  4. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  5. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
  6. Earnings Multiplier

    An adjustment made to a company's P/E ratio that takes into account current interest rates. The earnings multiplier is used ...
Trading Center