Cash and cash equivalents consist of cash and highly liquid short-term interest-bearing securities with maturities at the purchase date of three months or less.

现金及现金等值项目包括现金及变现性高之短期附息证券。此等证券于购入时其到期时限不超过三个月。

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There were no alternatives to easily tradeable, interest-bearing securities, and lots of people wanted them.

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They provide a better return for those who own bonds and other interest-bearing securities but increase the costs to businesses, those buying homes and other borrowers.

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The Fed would contract its balance sheet by selling interest-bearing Treasury securities back to the public.

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