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 ...

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center