NEW YORK – The Treasury Department is asking for public input about the possible issuance of Treasury floating rate notes

Mostly, Treasury is trying to gauge “demand for the product, how the security should be structured, its liquidity, and any operational issues that should be considered,” according to a notice in the Federal register.

No decision on issuing the notes has been made.

Comments, due by April 18, can be sent through http://www.regulations.gov.

The notice says Treasury is considering this in an attempt “to minimize borrowing costs, better manage its liability profile, enhance market liquidity, and expand the investor base in Treasury securities.”

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