Wednesday, May 2, 2012

US Treasury: "Not Yet" On Floating Rate Notes

from WSJ:
WASHINGTON—The U.S. Treasury Wednesday said it has not yet decided whether to start issuing floating-rate notes and will take more time to weigh the latest feedback on the potential new product.
"Treasury is in the process of analyzing the feedback, and we continue to study the benefits and optimal terms of a Treasury [floating rate note]," Under Secretary for Domestic Finance Mary Miller said in a statement.