Arbeitspapier

Beyond thirty: Treasury issuance of long-term bonds from 1953 to 1965

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.

Language
Englisch

Bibliographic citation
Series: Staff Report ; No. 806

Classification
Wirtschaft
National Debt; Debt Management; Sovereign Debt
Economic History: Financial Markets and Institutions: U.S.; Canada: 1913-
Subject
Treasury debt management
long-term bonds
U.S. Treasury

Event
Geistige Schöpfung
(who)
Garbade, Kenneth D.
Event
Veröffentlichung
(who)
Federal Reserve Bank of New York
(where)
New York, NY
(when)
2017

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Garbade, Kenneth D.
  • Federal Reserve Bank of New York

Time of origin

  • 2017

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