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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: dpl who wrote (52700)2/5/2006 11:46:43 AM
From: regli  Read Replies (1) | Respond to of 110194
 
"When did the USA first issue 30 years bonds?
"


This might answer your question:

publicdebt.treas.gov

"Series E bonds have had varying original maturity periods depending on their issue dates, ranging from 10 years for the oldest bonds to 5 years for the last ones issued. Series E bonds issued from May 1941 to November 1965 have been granted three 10-year extended maturity periods. Those issued after November 1965 have been granted two 10-year extended maturity periods. Series E bonds issued from May 1952 through November 1965 have been granted an additional extension sufficient in length to make their total interest-accruing life spans 40 years. Those issued in December 1965 and after have been granted an additional extension sufficient to make their total interest-accruing life spans 30 years."



To: dpl who wrote (52700)2/5/2006 11:48:43 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 110194
 
<<When did the USA first issue 30 years bonds?<<

My data shows Feb 15 1977 as the first quote on it but I may be missing something. Don't think so though since my data goes back to 1962 for all Bonds, Notes and Bills. The 20 year was the standard prior to the 30 year being offered.

Good Luck,

Lee