Definition of
bank-eligible issue
US Treasury bonds available to commercial banks US Treasury obligations with a remaining maturity of ten years or less, eligible for purchase at any time by commercial banks
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US Treasury bonds available to commercial banks US Treasury obligations with a remaining maturity of ten years or less, eligible for purchase at any time by commercial banks
Definitions of ’bank-eligible issue’ and meaning of ’bank-eligible issue’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’bank-eligible issue’ and other financial terms with our online QFINANCE Financial Dictionary.