The Treasury program with coupon and principal bond payments sold separately is known as

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The Treasury program with coupon and principal bond payments sold separately is known as STRIPS (Separate Trading of Registered Interest and Principal of Securities). VRDO (Variable Rate Demand Obligation) and VAR (Value at Risk) are unrelated to this concept. LIBOR (London Interbank Offered Rate) is an interest rate benchmark and CDIC (Canada Deposit Insurance Corporation) is a government-owned corporation that provides deposit insurance to protect depositors in case their bank fails.

The Treasury Program with Coupon and Principal Bond Payments Sold