1. In accounting terms, this maneuver has the same effect as paying off the government securities and reducing the federal debt. 2. The Treasury is required to invest assets of those trust funds in government securities, which count against the debt limit. 3. Without the sale of company securities, other things being equal, the public sector would have had to issue government securities. 4. ...U.S. government securities and bonds. 5. And in Japan, Italy, Germany and France large regular government deficits were leading to a steadily growing volume of outstanding government securities. 6. In what follows, we look first at the market in British government securities and then consider the market for other sterling bonds. 7. Prior to the reform, dealing in government securities had taken place on the floor of the London Stock Exchange between brokers and jobbers. 8. The GEMMs hold stocks of government securities and deal on their own account both among themselves and with final customers or their agents. 9. Settlement of transactions in government securities is now carried out largely through the Central Gilts Office. |