Generally principal is collateralized by U.S. Treasury zero-coupon bonds. Bearer 15 to 20 year semi-annual bond. Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually. Rolling interest guarantees generally of 12 months available only during the first 5 or 6 years. Bearer bonds maturing between 15-20 years.
Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually.
Bonds issued at par. Bearer bonds maturing between 15-20 years. Bond has amortization feature in which a set proportion of bonds are redeemed semi-annually. Bonds issued at par. Bearer bonds maturing between 10-20 years.