Quote:Angel' date='May 19 2009, 01:58 PM' post='167391']Sort of.
They are sold for less than their actual value?
The government wants my money today. I'm looking to invest for tomorrow. So, I give them 95 dollars, and they give me a note that says "On this date (a year from now) we promise to give you 100 dollars".
They get the money in the present, I get more money in the future.
-Jester