| Description |
1 online resource (51 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/01/61 |
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IMF working paper ; WP/01/61.
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| Summary |
Recent improvements in fiscal positions in advanced countries have sharply curtailed the issuance of government securities and created the possibility that government securities could disappear in some countries. The possibility that this might occur in the United States has attracted the most attention, in large part because of the international role of the U.S. dollar and the widespread perception that U.S. treasury securities have the lowest total financial risk (the combination of credit, market, and liquidity risks) among U.S. dollar assets. This paper analyzes the unique features of government securities and links them to the important roles that government securities, in particular U.S. treasury securities, have come to play in national and international financial markets. The paper then identifies and examines financial market-oriented public policy questions raised by the shrinking supply of U.S. treasuries |
| Bibliography |
Includes bibliographical references (pages 50-51) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Government securities -- United States
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Debts, Public -- United States
|
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International finance.
|
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Capital market -- United States
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Capital market
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Debts, Public
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Government securities
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International finance
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United States
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| Form |
Electronic book
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| Author |
Kramer, Charles F
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Smith, R. Todd
|
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International Monetary Fund. Research Department.
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| ISBN |
1451894945 |
|
9781451894943 |
|
1462354041 |
|
9781462354047 |
|
1452795673 |
|
9781452795676 |
|
1281961728 |
|
9781281961723 |
|
9786613793911 |
|
6613793914 |
|
9781451848175 |
|
145184817X |
|
