Debt securities that are accounted for at amortized cost, not fair value, are

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Debt securities that are accounted for at amortized cost are held-to-maturity debt securities, as these securities are purchased with the intention of holding them until maturity and collecting both the principal and interest payments. Trading debt securities and available-for-sale debt securities are accounted for at fair value, and never-sell debt securities is not a commonly used classification.

Debt Securities That Are Accounted for at Amortized Cost, Not