Celent's in-depth research validates our belief that usability and customer experience are critical to the success of our partner banks' online treasury offerings
Oversubscriptions-the principal indicia of underpricing--were a persistent characteristic of Treasury offerings throughout the 1920s (Chart 5).
In response to bank oversubscriptions for, and prompt sales of, new Treasury offerings, nonbank investors began to abstain from subscribing for new issues, electing instead to acquire the securities in post-offering secondary market transactions.
With regard to the Treasury's quarterly financings, the Manager had followed the practice over the past several years of exchanging the bulk of the maturing securities held in the System account into the shortest issue offered by the Treasury, while placing relatively small amounts in the longer-term Treasury offerings
VICOR, a leading provider of corporate payment processing software, will enhance Metavante's existing commercial treasury offerings
with the addition of a suite of solutions that optimize the processing of complex payments.
Following the Treasury-Federal Reserve Accord of March 1951 and the restoration of Federal Reserve control of monetary policy, Federal Reserve officials adopted a policy of maintaining a fixed monetary policy during Treasury offerings.
The emergence of regular and predictable sales of Treasury notes and bonds reduced the element of surprise in Treasury offerings and allowed investors to plan future commitments of funds with greater confidence.
More generally, the result is consistent with the proposition that regular and predictable issuance reduced the element of surprise in Treasury offering announcements and therefore facilitated investor planning.
One possible explanation for this result is that the reaction of market participants to Treasury offering announcements changed following the well-known change in monetary policy in October 1979 that placed greater emphasis on control of monetary aggregates.
Bondtrac, a privately-held corporation founded in 1992, provides the largest fully disclosed source of more than 20,000+ fresh Municipal, Corporate, Agency, CD, Zeros, STRIPs, Internationals, CMOs and US Treasury offerings
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PrimeRevenue, the leading provider of Supply Chain Finance (SCF) solutions, announced today that National City Bank, a subsidiary of National City Corporation (NYSE:NCC), has selected PrimeRevenue's technology and services to expand its global trade and treasury offerings
," said John Ladensack, Senior Vice President of fixed income at Charles Schwab & Co.