Quickfinder - CATS Treasury Security
PPC RIA Thomson.com Thomson Tax & Accounting Solutions
Quickfinder.com
 
  Entire Site Message Board Only
Home Quickfinder Products Message Board Quickfinder Online CPE Tax Resources About Us
MESSAGE BOARD
Message Board Home | Search | Login
Previous Page  Page: 1   Next Page

Thread: CATS Treasury Security
Sort by: Responses | Date Posted | Author (A-Z)
Created on: 07/03/09 12:15 PM
Replies: 2
Viewed: 256

Posted by: freespirit
100 posts since - 03/03/2007 		CATS Treasury Security - 7/3/09 at 12:15 PM

My client has a CATS treasury security (CERTIFICATE OF ACCRUAL ON TREASURY SECURITIES).

I believe they are sold at a discount, and you receive the face amount at maturity. However, it shows a MATURITY DATE of 8-15-2009, and also shows a DUE DATE of 8-15-2014.

Can someone explain the two different dates?

Reply to this post | Go to top

 
Posted by: blrgcpa
1247 posts since - 11/17/2006 		RE: CATS Treasury Security - 7/3/09 at 2:54 PM

Are you sure the earlier isn't a callable date?

Reply to this post | Go to top

 
Posted by: freespirit
100 posts since - 03/03/2007 		RE: CATS Treasury Security - 7/8/09 at 3:35 PM

I do not see anything that would indicate it is a callable date.

Reply to this post | Go to top

 

Quickfinder Team= Quickfinder Team Member

Previous Page  Page: 1   Next Page

Terms of Use  |   Contact Us  |   Site Map  |   FAQ  |   Links  |   Privacy Statement
For Sales please call 1-800-510-8997.    ©2010 Thomson Reuters. All rights reserved.