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Chapter2 INVESTMENT IN GOVERNMENT SECURITIES
DAYTODAY OPERATIONS OF A GOVERNMENT SECURITIES
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1st Session 86th Congress amount appendix assets bank reserves basis bibliography bills-only bond market borrowed Business Review C. F. Childs cash Childs and Company commercial banks Corporate coupon dealer positions Debt Management deposits discount effect Englewood Cliffs expected Federal Debt Federal Funds Federal Reserve Bank Federal Reserve Bulletin Federal Reserve System financing costs Fiscal FOMC free reserves Government Printing Office Government Securities Market income increase institutions interest rates interest-rate investment investors issue Joint Economic Committee Journal of Finance July June liquidity long position long-term maturity Member Banks ment Monetary Policy Money and Credit obligations offering Open Market operations outstanding payment percent period Prentice-Hall Public Debt purchase quotations repurchase agreements Savings and Loan sell short position speculative Table tenders tion Total trading Treasury bills Treasury Department Treasury securities Trust Company trust funds U.S. Government uncertainty undersigned variable Washington York Monthly Review