Sale of State and Local Government Series (SLGS) Securities
Fed Eases but Stays the Course
Big news of the week: The Federal Reserve Bank raises rates 25 bp and signals more to come.
Extraordinary Measures Start: No SLGS Suspension
Treasury Secretary Yellen announced the U.S. had reached its statutory debt limit and would implement extraordinary measures. Notably absent— any mention of SLGS suspension.
On the Suspension of SLGS Sales (2014)
Comments with suggestions for changes to the extraordinary measures taken by the Bureau of Fiscal Service (“BFS”) when the U.S. Department of Treasury determines that debt of the United States…
Suspension of Issuance of SLGS
Suggestions for changes to the extraordinary measures taken by the Department of Treasury as the United States approaches its debt limit.
Response to Proposed Rulemaking on SLGSs (2004)
Response to the Bureau of Public Debt’s (BPD’s) notice of proposed rulemaking pertaining to the sale of State and Local Government Series (SLGS) Securities.