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:
Online Access:Connect to the full text of this electronic book
Description
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.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.