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Search - Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression
Birth of a Market The US Treasury Securities Market from the Great War to the Great Depression
Author: Kenneth D. Garbade
The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned $8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was only about $1 billion of interest-bearing Treasury debt outstanding, spr...  more »
ISBN-13: 9780262016377
ISBN-10: 0262016370
Publication Date: 1/13/2012
Pages: 408
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Publisher: The MIT Press
Book Type: Hardcover
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