Introduction To STRIPS - Investopedia
https://www.investopedia.com/articles/investing/082313/introduction-strips.asp
History of StripsHow They WorkExampleTax TreatmentAdvantages and DisadvantagesWho Buys StripsConclusion As is stated in the acronym, STRIPS are simply bonds that have had the interest payments stripped away and sold separately, while the principal amount is still paid out at maturity. The U.S. government does not issue STRIPS directly to investors in the same manner as treasury securities or savings bonds. Instead, they are created by financial inst...
As is stated in the acronym, STRIPS are simply bonds that have had the interest payments stripped away and sold separately, while the principal amount is still paid out at maturity. The U.S. government does not issue STRIPS directly to investors in the same manner as treasury securities or savings bonds. Instead, they are created by financial inst...
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