Working Paper

Determinants of the spread between Treasury bill and private sector money market rates


Abstract: The purpose of this paper is to explore the reasons underlying the variable and sometimes very large differentials between United States Treasury bill rates and private sector U.S. money market rates of comparable maturity.

Keywords: Money market; Government securities;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 1980

Number: 79-04