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Beyond thirty: treasury issuance of long-term bonds from 1953 to 1965

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Bibliographic Details
Authors and Corporations: Garbade, Kenneth D. (Author)
Type of Resource: E-Book
Language: English
published:
Series: Federal Reserve Bank of New York: Staff reports ; no. 806 (January 2017)
Subjects:
Source: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
Description
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.
Physical Description: 1 Online-Ressource (circa 38 Seiten); Illustrationen