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Informal for a debt security issued by the United States government, as opposed to one of its agencies. Perhaps the most prominent example of a direct security is a U.S. Treasury security. Direct securities are considered risk-free because they are guaranteed by the full faith and credit of the United States government.

direct (federal) government obligation

A debt that is backed by the full taxing power of the U.S. government. Direct obligations include Treasury bills, Treasury bonds, and U.S. savings bonds. These investments are generally considered to be of the very highest quality. See also federal agency security.
References in periodicals archive ?
SkyJet Airlines' direct flights from Manila to Camiguin will officially start on Febuary 2018.
The CEO of OAMC, Aiman bin Ahmed al-Hosni, confirmed that the direct flights by British Airways will connect Muscat International Airport to Terminal 5 at London Heathrow, home to British Airways.
South Korea and Iran have agreed to expand their direct flights between Seoul and Tehran to 11 times a week to help bolster bilateral economic cooperation following the lifting of international sanctions against the Middle East country.
The MCIA services direct flights to 12 international destinations-Busan, Dubai, Hong Kong, Incheon, Osaka, Kuala Lumpur, Los Angeles, Nagoya, Narita, Singapore, Taipei and Xiamen.
They will recommend for their visitors this direct flight in their customized tour if they wish to take a trip to these two pretty countries in Indochina.
Airlines noted that that the direct flight will be very popular among business travelers, notably Taiwanese businessmen in Shanghai, since Hongqiao Airport is only 13 kilometers away from downtown Shanghai, thereby sparing passengers the need to travel from Pudong Airport, destination of direct flights from Songshan Airport now, which takes around one hour.
London, Oct 23 (ANI): Leading figures from within Birmingham's business, government and ethnic communities will join together next week to launch a petition to the Indian government for the re-establishment of direct flights between Birmingham and the Punjab.
A Singapore airline is expected to offer direct flights to Siem Reap in the near future, the government official added.
To sell to the American market is still a dream," says Gaudenzi, who blames the poor performance on a lack of direct flights from the U.
To highlight those cities that provide direct flight service to St.
This marks the first time the carrier is running direct flight services to Doha from Kochi.
Muscat: British Airways' first direct flight from London Heathrow to Muscat touched down at Muscat International Airport this morning.

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