Unlike in regular auctions where interest rates on short-term bills
and long-term bonds are determined by bids of banks, the rates on debt instruments sold over-the-counter are set by the Treasury.
The BOJ currently holds 46% of the outstanding government securities stock (JGBs plus short-term bills
), up from less than 14% before large-scale QE started in 2013.
Ranking Member of the Senate Veterans' Affairs Committee Jon Tester today took to the Senate floor to demand that his colleagues stop passing short-term bills
that temporarily plug holes in the Veterans Choice Program.
The relatively higher dependence on short-term bills
overtime did not allow the development of long-term liquid secondary market in Pakistan.12 Beginning from 1991 the government issued 6-month T-bills.
She said that the government's increased reliance on the short-term bills
instead of the long-term bonds is attributed to the presence of more liquidity for the former.
The central bank issues short-term bills
(Lebacs) offering 38% for one-month notes and 32% for six-month maturities.
The Russian central bank said that it was planning to sell short-term bills
to tackle recession.
Since 2009, Congress has passed 34 short-term bills
to fund transportation programs.
Could a pileup of short-term bills
lead to depression that then leads to more trouble paying bills?
Obama and Boehner suggest they might consider short-term bills
ending the shutdown and extending the debt limit to give them time to negotiate.
Besides cash and cash equivalents worth 40 billion rubles, the company has deposits and short-term bills
in the volume of 53 billion rubles on balance, with 51 billion rubles of target financing, provided by the government for construction in East Siberia and Russian Far East via an additional share issuance by the company.
Though Samaras had said Athens could run out of money by November 16 failing the release of the 31 billion euros in aid, the country announced Friday that it would sell short-term bills
the same day, seeking to cover maturing debt.