Treasury Investment Growth Receipt

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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 ?
In the hyperthyroidism groups, the MBCI of the TDM group was lower than those of the TNGT and TIGR groups ( P < 0.05).
The CoIST used TiGR, CIDNE, and other available data to pull information on routes and look at SIGACTs or spot reports from the past 30 days and those that occurred on the same day a year earlier, plus or minus 30 days.
To classify transcripts by putative function, GO categories were determined from the number of transcripts in this study and in the TIGR BtGI.
The Army has fielded TIGR as a staff communication tool above the battalion level.
After completing a mission, Soldiers and convoy commanders record in TIGR any observations and events that occurred along their routes.
TIGR Matrix Surgical Mesh is a 100% resorbable, synthetic matrix, knitted from two different resorbable fibers that degrade at different rates following implantation.
In 1999 at TIGR, she led the whole genome sequencing of Thermotoga maritima MSB8, a bacterium isolated in water from a thermal vent off the coast of Italy--a landmark publication that provided key evolutionary insight into such bacteria as Thermotoga by proving the notion of lateral gene transfer.
TIGR. This is a patrol brief/debrief tool (database) designed for use at the company level.
The company has changed its ticker symbol to 'TIGR' effective today (21 April).
Russell Research Center, Athens, Georgia; Purdue University, West Lafayette, Indiana; the Broad Institute, Cambridge, Massachusetts; TIGR; and Nimblegen Co., of Madison Wisconsin.