Certificate Of Government Receipts - COUGRs

AAA

DEFINITION of 'Certificate Of Government Receipts - COUGRs'

U.S. Treasury fixed-income securities that are stripped of their coupon payments and provide payment of face value. These are synthetic securities offered by the A.G. Becker Paribas firm.

INVESTOPEDIA EXPLAINS 'Certificate Of Government Receipts - COUGRs'

COUGRs are part of the "feline" family of synthetic zero-coupon Treasury securities, which includes CATS and TIGRs. This default-free family of products provides safety of principal and transparent profits. COUGRs sold at a discount and redeemed at face value because there are no interest payments during the life of the security.

RELATED TERMS
  1. Zero-Coupon Bond

    A debt security that doesn't pay interest (a coupon) but is traded ...
  2. Certificates Of Accrual On Treasury ...

    Issued by the U.S. Treasury and stripped by a financial intermediary, ...
  3. Treasury Investment Growth Receipts ...

    Stripped Treasury securities offered at a significant discount ...
  4. Treasury Receipt

    A zero-coupon bond that doesn't pay interest at regular intervals ...
  5. Treasury STRIPS

    An acronym for 'separate trading of registered interest and principal ...
  6. Surrender Period

    The amount of time an investor must wait until he or she can ...
Related Articles
  1. Basics Of Federal Bond Issues
    Bonds & Fixed Income

    Basics Of Federal Bond Issues

  2. Bond Basics Tutorial
    Retirement

    Bond Basics Tutorial

  3. The Money Market
    Retirement

    The Money Market

  4. Why should I keep records on my tax-exempt ...
    Taxes

    Why should I keep records on my tax-exempt ...

Hot Definitions
  1. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Leading Indicator

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

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

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  6. 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 ...
Trading Center