Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of New York
Staff Reports
Beyond thirty: Treasury issuance of long-term bonds from 1953 to 1965
Kenneth D. Garbade
Abstract

Ever since the emergence of regular and predictable issuance of coupon-bearing Treasury debt in the 1970s, thirty years has marked the outer boundary of Treasury bond maturities. However, longer-term bonds were not unknown in earlier years. Seven such bonds, including one with a forty-year term, were issued between 1955 and 1963. This paper examines the circumstances that led to the issuance of these seven bonds.


Download Summary
Download Full text
Cite this item
Kenneth D. Garbade, Beyond thirty: Treasury issuance of long-term bonds from 1953 to 1965, Federal Reserve Bank of New York, Staff Reports 806, 01 Jan 2017.
More from this series
JEL Classification:
Subject headings:
Keywords: Treasury debt management; long-term bonds; U.S. Treasury
For corrections, contact Amy Farber ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal