TIGER

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TIGER

Treasury Investment Growth Receipt

A Treasury security whose coupons have been stripped by Merrill Lynch. TIGRs therefore pay no interest. They are sold at a significant discount from par and mature at par. TIGRs fluctuate in price, sometimes dramatically, because changes in interest rates have made them more or less desirable. TIGRs can be invested IRAs and other pension accounts; they are also exempt from state and local taxes. They were originally issued between 1982 and 1986, becoming more-or-less obsolete when the U.S. Treasury began issuing its own stripped bonds. They still exist, but are fairly uncommon investments. See also: zero-coupon bonds, STRIPS.

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References in periodicals archive ?
Earlier this week the World Wildlife Fund (WWF) said in a report that the Indochinese tiger population, one of the rarest, had hit an all-time low.
The Bank hopes to invest in high-priority conservation actions, ensure that its own infrastructure investments do not damage tiger populations, and also support investigations and economic analyses of key issues such as poaching and habitat conversion.
The Malenad-Mysore landscape in southern India has 220 adult tigers, one of the world's largest tiger populations, thanks largely to intensive protection of its 'source site', the Nagarahole National Park, in the 1970s.
In the past five years, Project Tiger - set up to support and help the growth of India's tiger population - has spent more than pounds 39.
Any supply of tiger parts into the black market can stimulate trade and consumer demand, which could pose a serious threat to already-dwindling wild tiger populations.
According to the report, South Asian governments have committed to doubling tiger populations by 2022, but the animals continue to face threats from poaching and habitat loss as there are thought to be fewer than 2,000 tigers left worldwide, with 60 percent of them in India.
The National Tiger Conservation Authority ( NTCA) told the court that tourism in core zones was disturbing tiger populations and contributing to the gradual decline in their numbers.
Produced by Red Earth Studio in London for Planet Green in the USA, the film goes undercover with an EIA team in China as they reveal the extent of the hugely lucrative market in tiger parts which poses such a dire threat to the world's remaining wild tiger populations.
Tiger populations have declined by 95 percent over the past 100 years, and three sub-species have become extinct with a fourth not seen in the wild for over 25 years.
Conservationist Dr Alan Rabinowitz said the discovery took them one step closer to an ambitious plan to link up isolated tiger populations across Asia with a "corridor" where they are safe from humans.
According to a report released today by the Save The Tiger Fund, an international program established by the National Fish and Wildlife Foundation and ExxonMobil, some key tiger populations have stabilized.
Currently we are facing many other crucial problems which, unfortunately, are causing the decline of Sumatran tiger populations," explained Dr.