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Auction-Rate Securities.

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ProQuest Congressional Research Digital Collection: Part B (2004-2010) Available online

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Format:
Book
Government document
Author/Creator:
Library of Congress. Congressional Research Service.
Language:
English
Subjects (All):
Business cycles.
Interest rates.
Student aid.
Physical Description:
1 online resource (33 pages, digital, PDF file)
Place of Publication:
[Place of publication not identified] : [publisher not identified], 2010.
System Details:
text file
Summary:
Provides information on auction-rate securities (ARSs), that combine longer maturities with interest rates linked to short-term money markets; and are used by municipalities, student loan providers, and other debt issuers to borrow funds. Describes structure of ARS market, the fall of ARS market and its impact on global financial markets, issues for Congress, and future prospects and policy options.
Notes:
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Other Format:
Microfiche version: Library of Congress.Congressional Research Service. Auction-Rate Securities
Access Restriction:
Restricted for use by site license.

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