Treasury deposits definition
Treasury deposits means funds held by the Accountant-General pending repayment or application to the purposes for which they were deposited as established by law or otherwise or any other deposits of which the Accountant-General is the custodian (other than Trust Funds or the balances of the Consolidated Fund and the Contingencies Fund).
Examples of Treasury deposits in a sentence
RPs and reverse repurchase transactions are particularly useful in offsetting temporary swings in belt level no bank reserves caused by a volatile factors as constant, currency weak by the breakthrough and Treasury deposits at Federal Reserve Banks.
Treasury deposits will be placed with banks on a competitive basis.