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Floating Rate Notes: Analysis of Treasury's Newest Debt Management Security (Paperback)
  • Floating Rate Notes: Analysis of Treasury's Newest Debt Management Security (Paperback)
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Floating Rate Notes: Analysis of Treasury's Newest Debt Management Security (Paperback)

(author)
£59.00
Paperback 72 Pages / Published: 01/12/2014
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Issuing floating rate notes (FRN) is likely to help the Department of the Treasury (Treasury) meet its goals to borrow at the lowest cost over time, extend the average maturity of the debt portfolio, and increase demand for Treasury securities, but it also presents risks related to changes in interest rates. This book evaluates Treasury's rationale for introducing FRNs and identifies the demand for Treasury securities from a broad range of investors to assess whether changes would help Treasury meet its goals.

Publisher: Nova Science Publishers Inc
ISBN: 9781634632140
Number of pages: 72
Weight: 152 g
Dimensions: 230 x 155 mm

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