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34 - After 1979

from Part IX - Infrastructure in the 1970s

Published online by Cambridge University Press:  14 January 2021

Kenneth D. Garbade
Affiliation:
Federal Reserve Bank of New York
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Summary

Summarizes the expansion of regular and predictable issuance of coupon-bearing Treasury debt, the introduction of STRIPS, foreign-targeted securities, and inflation-protected securities, and the rennovation of the auction process. Reviews the creation of the Government Securities Clearing Corporation.

Type
Chapter
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After the Accord
A History of Federal Reserve Open Market Operations, the US Government Securities Market, and Treasury Debt Management from 1951 to 1979
, pp. 523 - 532
Publisher: Cambridge University Press
Print publication year: 2021

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  • After 1979
  • Kenneth D. Garbade
  • Book: After the Accord
  • Online publication: 14 January 2021
  • Chapter DOI: https://doi.org/10.1017/9781108885386.044
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  • After 1979
  • Kenneth D. Garbade
  • Book: After the Accord
  • Online publication: 14 January 2021
  • Chapter DOI: https://doi.org/10.1017/9781108885386.044
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • After 1979
  • Kenneth D. Garbade
  • Book: After the Accord
  • Online publication: 14 January 2021
  • Chapter DOI: https://doi.org/10.1017/9781108885386.044
Available formats
×