foreign-targeted issue

foreign-targeted issue
notes sold between October 1984 and February 1986 to foreign institutions, foreign short-term branches of US institutions, foreign central banks or monetary authorities, and to international organizations in which the United States held membership. Sold as companion issues, they could be converted to domestic (normal) Treasury notes with the same maturity and interest rates. Interest was paid annually . Bloomberg Financial Dictionary

Financial and business terms. 2012.

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