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Contractual savings institutions
Contractual savings institutions obtain funds at periodic intervals on a contractual basis. The industry is classified into two main groups insurance companies and pension funds. The liquidity of their assets is less significant than for depository institutions because they can predict with reasonable accuracy the future payments due to their customers.
As a result they invest their funds in long-term securities (such as corporate bonds, stocks and mortgages).
Treasury securities are government bonds issued by the US Treasury Department. These are issued through the Bureau of the Public Debt. They are debt-financing ins
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P Company manufactures and sells a range of children's clothing through its retail shops and is currently designing a website in order to allow customers to purchase products onlin
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