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Because they mature in one year or less, T-bills are the federal government's equivalent of money market instruments. The company said it will also process maturing money market instruments and follow normal allocation procedures for any periodic principal, dividend and interest payments due that day. Ltd (CDC), established in 1996, is the Central Depository System for China's bond market, and provides custody, settlement and information services for government securities, policy financial bond, corporate bonds and asset-backed securities, money market instruments and over-the-counter transactions. |
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