The Stripping of U.S. Treasury Securities
The Stripping of U.S. Treasury Securities

Author: Miles Livingston

Publisher:

Published: 2017

Total Pages: 73

ISBN-13:

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This monograph traces the early development of the U.S. Treasury strips market. The stripping of U.S. Treasury securities began in 1982 as a private market. In 1985, the U.S. Treasury began to allow dealers to strip Treasury securities and in 1987 the Treasury permitted reconstitution of strips into the underlying bonds. The taxation of Treasury bonds and strips is examined. Except in the case of a flat after-tax term structure of interest rates, the after-tax value of a bond is shown to be different from the after-tax value of a portfolio of strips with the same pretax future cash inflows.

Model Rules of Professional Conduct
Model Rules of Professional Conduct

Author: American Bar Association. House of Delegates

Publisher: American Bar Association

Published: 2007

Total Pages: 216

ISBN-13: 9781590318737

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The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Stripping Bare the Body
Stripping Bare the Body

Author: Mark Danner

Publisher: ReadHowYouWant.com

Published: 2011-02-15

Total Pages: 646

ISBN-13: 1458762904

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Stripping Bare the Body shows at close hand how terrorism works and how war looks and smells and feels. Drawing on rich narratives of politics and violence and war from around the world, Stripping Bare the Body is a moral history of American power...

Enhancing the Liquidity of U.S. Treasury Securities in an Era of Surpluses*
Enhancing the Liquidity of U.S. Treasury Securities in an Era of Surpluses*

Author: Paul B. Bennett

Publisher:

Published: 2008

Total Pages: 61

ISBN-13:

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This paper presents three proposals intended to enhance liquidity in the market for U.S. Treasury debt: making principal and interest STRIPS maturing on a common date fungible with each other, aligning the maturity of 2-year debt with either bill maturities or the maturities of longer-term debt, and establishing a facility to allow market participants to exchange (with the Department of the Treasury) single-payment securities with similar, but not identical, maturities. The proposals would enhance liquidity by improving the substitutability of identical and very nearly identical Treasury liabilities, and by increasing the integration of the markets for bills, notes, bonds and STRIPS. The proposals would be complementary to, rather than a substitute for, the initiative to buy back outstanding debt announced in August 1999.

The Money Market
The Money Market

Author: Marcia L. Stigum

Publisher: McGraw-Hill Professional Publishing

Published: 1983

Total Pages: 764

ISBN-13:

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**** The first edition (1978) is cited in BCL3 (the 1983 edition was not noticed by the editors?). This is the standard reference on the subject, updated to cover developments since 1983. New or substantially revised chapters cover interest-rate swaps, medium-term notes (including bank deposit notes) futures (Treasury and Euro), options, loan-participation sales, banking (domestic and Euro), and the commercial paper market. Annotation copyrighted by Book News, Inc., Portland, OR