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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 ?
Atlanta's Hartsfield-Jackson International Airport (ATL) - On November 7, 2009, Delta resumed twiceweekly direct flights, scheduled every Wednesday and Saturday.
The US has witnessed an unprecedented expansion of direct flights from the Middle East region in recent years.
The direct flight, she said, would also boost tourism and help Zambia raise arrivals to contribute more to the country's economic growth.
The direct flight will be the first step for materializing the "golden flight circle" in East Asia, put forth by President Ma Ying-jeou, featuring direct aviation links between Taipei, Shanghai, Tokyo, and Seoul, which will lead to close exchanges between the four metropolises in the aspects of commerce, finance, and technology.
We request airlines to start direct flights from Bahrain to Amritsar (Raja Sansi International Airport).
That meeting also resulted in an agreement to do a study to consider creating a direct flight from Spain to El Salvador.
Four nights in Las Vegas from pounds 719 includes direct flights from Gatwick to LA, accommodation at the Stratosphere Casino and car hire.
In all, this winter airBaltic will operate 33 direct flights from Riga and 12 from Vilnius, as well as direct flight between Kaliningrad and Copenhagen.
Frequencies are also increasing from Doha to Ankara, which will be served by a six weekly flight connection instead of five from March 1, while capacity will increase to Zagreb with an additional direct flight per week, increasing the frequency from four to five direct flights weekly.
Azmanov, who spoke during a meeting in Parliament organized by the nationalist party Ataka, noted that the direct flight link has not been launched yet due to the alack of willa on behalf of Bulgarian authorities.
That's up from a single direct flight to New York and five to Atlanta, the airline's principal hub, said Nicolas Ferri, VP in charge of the Caribbean & Latin America.
An CAA official pointed out that the direct flight between Songshan Airport and Hongqiao may be launched at a time much earlier than the original schedule at the end this year, following the conclusion of the Shanghai World Expo, as Hu Yian, deputy Shanghai mayor, recently wished the link to be launched after the completion of the expansion project of Hongqiao Airport on March 28.

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