In 1985, the U.S. government began issuing securities with interest and principal separated known as what?

Business Trivia / January 30, 2025

STRIPS. "STRIPS" stands for Separate Trading of Registered Interest and Principal of Securities.

How long is the repurchase agreement term on an overnight repo?

Business Trivia / January 29, 2025

One Day. NYSE Euronext are the world's biggest stock market operators.

What is the highest long-term obligation rating given by Moody's Investors Service?

Business Trivia / January 29, 2025

AAA. Moody's ranks commercial credit-worthiness and holds a 40% share in the world credit rating market.

What company was the first to earn one billion dollars in one year?

Business Trivia / January 28, 2025

General Motors. William Durant founded GM in 1908.

Securities under surveillance for some reason are said to be on a what?

Business Trivia / January 28, 2025

Watch List. On the watch list are takeover targets, companies planning to issue new securities, or stocks showing unusual activity.

A fiscal year is exactly how long?

Business Trivia / January 27, 2025

12 Months. A fiscal year doesn't necessarily have to be a calendar year and can vary between businesses and countries.