Washington (May 10, 2004) -- In an effort to increase their appeal to investors, the U.S. Treasury announced it is issuing two new sets of Treasury Inflation-Protected Securities: one for five years and the other for 20. Previously, there were only 10-year TIPS.
Each security will be auctioned semiannually. The five-year TIPS will be auctioned on an April/October cycle and the 20-year TIPS will be on a January/July cycle.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access