Introducing US Treasury Floating Rate Notes

Join Our Mailing List

What they Are – How they Work?

[By Staff Reporters]

Back in January 2014, the US Treasury announced that it would hold an inaugural Floating Rate Notes (FRNs) auction this year, making FRNs the first new Treasury security since they introduced Treasury Inflation-Protected Securities (TIPS) more than 15 years ago.

Complimentary Products

FRNs will complement Treasury’s existing suite of securities, which include Treasury bills, notes, bonds, and TIPS.

The Treasury’s introduction of FRNs will provide a number of benefits to taxpayers including assisting Treasury in managing the maturity profile of the nation’s marketable debt outstanding, expanding Treasury’s investor base and, most importantly, helping to finance the government at the lowest cost over time.

Assessment

FRNs are a unique and attractive option for investors because the security features an interest payment that can adjust over time.

***

US Capitol

***

More:

Conclusion

Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com

OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:

Product Details  Product Details