U.S. Treasuries definition
Examples of U.S. Treasuries in a sentence
Notwithstanding any such termination, MS&Co shall provide the Service until the maturity date of the U.S. Treasuries held in the Customer’s Account at the time the notice to terminate was received by the Customer.
The Company shall cause the proceeds of the Offering and the sale of the Private Placement Warrants held in the Trust Account to be invested only in United States government securities with a maturity of 180 days or less or in money market funds investing solely in U.S. Treasuries and meeting certain conditions under Rule 2a-7 under the Investment Company Act as set forth in the Trust Agreement and disclosed in the Prospectus.
The management team selects bonds from several sectors including: U.S. Treasuries and agency securities, commercial and residential mortgage-backed securities, collateralized mortgage obligations, asset-backed securities and corporate bonds.
There may be market fluctuation in the value of the U.S. Treasuries posted to you as collateral under the Agreement, which may result in the value of the U.S. Treasuries being insufficient to replace the full value of the Loaned Securities, should SP default.
Pursuant to the Agreement, in exchange for the Loaned Securities, SP will pledge to you in an account either cash collateral or U.S. Treasuries, as permitted under Rule 15c3‐3(b)(3)(iii)(B) of the Securities Exchange Act of 1934 and related SEC guidance.