Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.090% high rate, down from 0.100% the prior week, and the six-months incurred a 0.140% high rate, off from 0.145% the week before.
Weekly T-Bills Go At 0.090%, 0.140% High Rates
DEC 3, 2012 11:31am ET
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"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
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