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What is a Zero-Percent Certificate of Indebtedness (Zero-Percent C of I or C of I)?

April 26, 2017Certificate Indebtedness zero-percent

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What is a Zero-Percent Certificate of Indebtedness (Zero-Percent C of I or C of I)?

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The Zero-Percent Certificate of Indebtedness (Zero-Percent C of I or C of I) is a Treasury security that does not earn any interest. It is intended to be used as a source of funds for traditional Treasury security purchases.

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The Zero-Percent Certificate of Indebtedness (Zero-Percent C of I or C of I) is a Treasury security that does not earn any interest. It is intended to be used as a source of funds for purchasing eligible interest-bearing securities.