OAT treasury issues

OAT treasury issues
Stripping (here: of OAT treasury issues): in stripping, the interest and principal of a bond are separated, then listed and traded indepedently. Stripping of OATs has been authorized by the French Treasury since June 1991, and can only be undertaken by SVTs. Its reverse consists of recombining interest and capital to recreate the original OAT. NYSE Euronext Glossary

Financial and business terms. 2012.

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