The Treasury Department Tuesday sold $25 billion 11-day cash management bills, dated Dec. 6, due Dec. 17, at a 0.165% high tender rate.
11-Day Cash Management Bills Draw 0.165% High Rate
DEC 4, 2012 11:36am ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY