Sunday, 12 February 2012

U.S. Treasury planning to issue floating-rate securities for the first time?

Floating rate securities have been discussed in CFA Level I curriculum. The coupon on such securities reset periodically through a reset formula with some reference rate. U.S. Treasury has decided to issue floating rate securities for the first time. The reasons why U.S. Treasury has decided to do so can be read on the article published in Daily Finance.

Read the article:

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