Auction-Rate Securities.

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...

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Bibliographic Details

Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2008.
Series:	U.S. Congressional Research.
Subjects:	Business cycles. Interest rates. Student aid. Electronic books.
Online Access:	Connect to the full text of this electronic book