Treasury announced today that it will hold the inaugural Floating Rate Notes (FRNs) auction in January 2014, making FRNs the first new Treasury security since we introduced Treasury Inflation-Protected Securities (TIPS) more than 15 years ago.
Thursday, August 1, 2013
Treasury Expects To Hold First Floating Rate Note Auction In January 2014
From U.S. Department of the Treasury, "Mark Your Calendars: Treasury Expects To Hold First Floating Rate Note Auction In January 2014" by Matthew Rutherford:
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