If the price moves to or below the stop price, the order becomes a market order and will be executed at the current market price. An order which becomes a limit order once the security trades at the designed stop price. A stop limit order instructs a broker to buy or sell at a specific price or better, but only after a given stop price has been reached or passed. It is a combination of a stop order and a limit order. Zero coupon Treasuries issued by the U.S. at a discount from face value.
Interest is paid as a lump sum at maturity.
If this type of order is placed over the phone, it would be called a swap or an exchange. The symbol used to designate a security for trading. Payment of taxes not due until a time in the future. Day Only, Good Until Canceled, Fill or Kill, Immediate or Cancel. T-Bills are short term, highly liquid investments that mature anywhere from 3 months to a year, are sold at a discount, and return to their full face value at maturity.