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. Economics

    Can The IMF Solve Global Economic Problems?

  2. Microfinance groups lend to customers who have low incomes.
    Insurance

    An Introduction to Microfinance

  3. Insurance

    What Is The World Bank?

  4. Fundamental Analysis

    An Introduction To The International ...

Hot Definitions
  1. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
  2. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  3. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  4. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  5. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  6. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
Trading Center