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Beyond thirty: treasury issuance of long-term bonds from 1953 to 1965
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Authors and Corporations: | |
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Type of Resource: | E-Book |
Language: | English |
published: | |
Series: |
Federal Reserve Bank of New York: Staff reports ; no. 806 (January 2017)
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Subjects: | |
Source: | Verbunddaten SWB Lizenzfreie Online-Ressourcen |
Summary: | Ever since the emergence of regular and predictable issuance of coupon-bearing Treasury debt in the 1970s, thirty years has marked the outer boundary of Treasury bond maturities. However, longer-term bonds were not unknown in earlier years. Seven such bonds, including one with a forty-year term, were issued between 1955 and 1963. This paper examines the circumstances that led to the issuance of these seven bonds. |
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Physical Description: | 1 Online-Ressource (circa 38 Seiten); Illustrationen |