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Examples
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T-bills are sold through the commercial book-entry system to large investors and institutions, which then distribute those bills to their own clients, which may include individual investors.
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If an investor purchases T-bills through the Treasury Direct system and wishes to sell them prior to maturity, he or she must transfer them to the commercial book-entry system.
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Individual bidders on Treasury Direct have their ownership recorded directly in book-entry accounts at the Department of the Treasury.
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T-bills are sold through the commercial book-entry system to large investors and institutions, which then distribute those bills to their own clients, which may include individual investors.
-
If an investor purchases T-bills through the Treasury Direct system and wishes to sell them prior to maturity, he or she must transfer them to the commercial book-entry system.
-
Individual bidders on Treasury Direct have their ownership recorded directly in book-entry accounts at the Department of the Treasury.
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T-bills are sold through the commercial book-entry system to large investors and institutions, which then distribute those bills to their own clients, which may include individual investors.
-
Individual bidders on Treasury Direct have their ownership recorded directly in book-entry accounts at the Department of the Treasury.
-
If an investor purchases T-bills through the Treasury Direct system and wishes to sell them prior to maturity, he or she must transfer them to the commercial book-entry system.
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It just has to announce that it is calling its bonds and other securities, and that they will be paid 'in book-entry form.'
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