Birth of a market : the U.S. Treasury securities market from the Great War to the Great Depression / / Kenneth D. Garbade.

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Bibliographic Details
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TeilnehmendeR:
Year of Publication:2012
Language:English
Online Access:
Physical Description:viii, 393 p. :; ill.
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Table of Contents:
  • Introduction : before the Great War
  • The payments system before World War I
  • Treasury debt management before World War I : financing the Great War
  • Treasury finance during World War I
  • Designing the liberty loans
  • Marketing the liberty loans
  • Treasury cash management : certificates of indebtedness
  • Treasury cash management : war loan deposit accounts
  • Federal Reserve support of the treasury market during World War I
  • Coda on treasury debt management during World War I : paying down the war debt
  • Treasury finance during the 1920s
  • Paying down the war debt
  • Revival of the over-the-counter market
  • Evolution of the primary market and the introduction of treasury bills
  • Coda on treasury debt management during the 1920s : the Great Depression
  • Treasury finance during the Great Depression
  • Non-marketable treasury debt
  • Treasury debt management during the great contraction
  • Treasury debt management during the new deal
  • The primary market during the Great Depression
  • Statutory control of treasury indebtedness
  • The brief revival and subsequent extinction of national bank notes
  • Coda on treasury debt management during the Great Depression
  • Treasury debt management since 1939.