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RES 99047
City of Pleasanton
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CITY CLERK
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RESOLUTIONS
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1990-1999
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1999
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RES 99047
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Last modified
3/20/2012 12:33:10 PM
Creation date
5/5/1999 6:46:56 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
4/20/1999
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Securities & Exchange <br />Commission: <br /> <br />Treasury Securities: <br /> <br />Yield: <br /> <br />Agency created by Congress to protect investors in <br />securities transactions by administering securities <br />legislation. <br /> <br />Investments in debt obligations of the U.S. Government. <br />These are backed by the full faith and credit of the U.S. <br />Government. Treasury securities are considered the <br />most liquid and safest investment next to cash. The <br />treasuries are used as benchmark comparisons for other <br />types of investments. Treasury securities are issued <br />with various schedules and maturities. <br /> <br />Treasury Bills - Short-term with maturities one <br />year or less. They are issued at a discount from <br />face value. <br /> <br />2. Treasury Notes - Intermediate securities with <br /> maturities of 1 to 10 years. <br /> <br />3. Treasury Bonds - Long-term securities with <br /> maturities 10 years or longer. <br /> <br />The rate of annual income return on an investment, <br />expressed as a percentage. <br /> <br />(fgloss.sy2) 3 <br /> <br /> <br />
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