Join our mailing list!



Official PayPal Seal

(Your shopping cart is empty)

  Home > Diane Publishing Books >

Emergence of “Regular” and “Predictable” as a Treasury Debt Management Strategy: A Reprint from “Economic Policy Review”
During the 1970s, U.S. Treasury (UST) officials re

 
Our Price: $15.00
By Kenneth D. Garbade (au)
Year: 2007
Pages: 19
Binding Paperback


Product Code: 1422315290

Description
 
During the 1970s, U.S. Treasury (UST) officials revised the framework within which they selected the maturities of new notes & bonds. Previously, they chose maturities on an offering-by-offering basis. By 1982, the UST had ceased these “tactical” sales & was selling notes & bonds on a “regular & predictable’ schedule. This article describes that key change in the TST’s debt mgmt. strategy. In 1975, UST officials financed an unusually rapid expansion of the fed. deficit with a flurry of tactical offerings. Because the timing & maturities of the offerings followed no predictable pattern, the sales sometimes took investors by surprise, disrupting the market. These events led UST officials to embrace a program of regular & predictable issuance. Tables.

Share your knowledge of this product with other customers... Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
1-800-782-3833
 About Us
 Become an Affiliate
 Privacy Policy
 Send Us Feedback
 
Company Info | Advertising | Product Index | Category Index | Help | Terms of Use
Copyright � 2004 Diane Publishing Company. All Rights Reserved.
Built with Volusion