Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
http://www.bloomberg.com/news/2012-04-2 ... sales.html
Is this something Vanguard might be interested in offering and if so where would they fit into the scheme of things? Looks like Fidelity might be offering a fund and they say MM's might be purchasers?
It might be interesting if they offered them in binds?
- Posts: 53
- Joined: 12 Feb 2011
Really great article. Covers the pluses and minuses of why and when they would issue the bonds. It looks like we're inching a little closer to them every time a new article comes out. So it appears Treasury is seriously considering them.
If the interest reset interval is short enough they could be used in a MMF because that is effectively the "duration."
Basically the floaters are equivalent to rolling over tbills with the same duration as the reset interval.
...and then Buffy staked Edward. The end.
- Posts: 10737
- Joined: 4 Mar 2007
- Location: Puget Sound
Return to Personal Finance (Not Investing)
Who is online
Users browsing this forum: cathyr, FamilyGuy87, rixer, sadinvestor, Yahoo [Bot] and 73 guests