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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27852)8/4/1999 9:35:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
WASHINGTON (Reuters) - The U.S. Treasury Department Wednesday will propose new rules allowing it to buy back its own debt early as a way to deal with a growing mountain of cash and save money, a senior administration official said.
"It's giving the treasury a new tool to manage the federal finances in the most efficient and cost-effective way in the long term," said the official.

Is 113 bottom of the bond..?
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