[This message was posted by Kingshuk Bandyopadhyay of  <[email protected]> to 
the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You 
can reply to it on-line at http://fixprotocol.org/discuss/read/cc45440a - 
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> I am working on a FIX.4.0+ Equities & Options FIX sell side application
> upgrade to FIX.4.2+ multi asset class system. I was studying FIXimate
> and trying to list the values of Tag 167 SecurityType that would need to
> be supported in the upgraded system. My daughter (student of 2nd grade)
> asked 'Can you sell "Cats, Tigers & Lions" using FIXProtocol ? That so
> cool' With my FIXProtocol knowledge I could not come up with an answer.
> 
> Just curious in FIX.4.2 what 167=ZOO means ?

These are zero coupon bonds based on bonds issued by US treasury. 

CATS = Certificate of Accrual on Treasury Securities
TIGR = Treasury Investors Growth Receipt
Lion = Lehman Investment Opportunity Notes

Morningstar has a good explanation - 
http://news.morningstar.com/classroom2/course.asp?docId=5479&page=2


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