TITLE

Treasury to Suspend SLGS Today

AUTHOR(S)
Ackerman, Andrew; McConnell, Alison L.
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/16/2006, Vol. 355 Issue 32321, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Department of Treasury will suspend the sales of State and Local Government Series (SLGS) securities. According to the department, the suspension is necessary because the statutory debt ceiling has not been raised. SLGS was last closed by the department when it hit a debt ceiling of 7.384 trillion dollars on October 14, 2004.
ACCESSION #
19821552

 

Related Articles

  • Treasury Looks to Aid Issuers in Event SLGS Sale Is Halted. Kinnander, Ola // Bond Buyer;3/14/2002, Vol. 339 Issue 31344, p5 

    Reports the stoppage on the sale of State and Local Government Securities due to possible excess in debt set by the U.S. Congress. Speculation for an alternative financing to avoid excess of debt limits; Expectation for the Treasury Department to lose borrowing authority; Proposal of the...

  • Treasury to resume SLGS Sales. Duff, Susanna // Bond Buyer;5/27/2003, Vol. 344 Issue 31643, p1 

    This article reports that the U.S. Treasury department announced in May 2003 that it will resume selling State and Local Government Series (SLGS) securities on June 2, 2003 and allow issuers to resume placing orders for the specially tailored securities as early as May 27, 2003. The...

  • Treasury Department Renews its Warning About $5.95 Trillion Debt Limit. Kinnander, Ola // Bond Buyer;5/2/2002, Vol. 340 Issue 31378, p4 

    Reports the decision of the U.S. Treasury Department to renew its warning on debt limits. Cease of the investments of government-employee retirement funds in Treasuries; Infusion of income tax payments; Concerns of bond lawyers for the sale of State and Local Government Series.

  • Treasury Will Close SLGS Window at Noon on March 13. Hume, Lynn // Bondbuyer.com;3/6/2015, p21 

    The article reports on the indefinite suspension of state and local government securities (SLGS) sales on March 13, 2015 by the U.S. Treasury Department. Topics discussed include the issuance of SLGS subscriptions received before noon on the said date by the Bureau of the Fiscal Service (BFS),...

  • Treasury Resuming SLGS Sales. Jagoda, Naomi // Bond Buyer;2/19/2014, Vol. 123 Issue 34062, p1 

    The article reports on the sales of state and local government series (SLGS) securities by the U.S. Treasury Department on February 18, 2014. It informs that reopening of the SLGS follows U.S. President Barack Obama signing legislation that suspends the debt limit through March 15, 2015. It...

  • Treasury to Borrow $284B in Q1. Siegel, Gary // Bond Buyer;2/4/2014, Vol. 123 Issue 34054, p1 

    The article reports that the U.S. Treasury Department will borrow 284 billion U.S. dollars of debt in the first quarter (Q1) of 2014 and will end the quarter with a 130 billion U.S. dollars cash balance. It mentions that the Treasury plans to pay 40 billion U.S. dollars of debt in next quarter...

  • Weekly T-Bills Go At 4.990%, 4.990% Highs. Ackerman, Andrew // Bond Buyer;8/8/2006, Vol. 358 Issue 32440, p2 

    The article reports that the tender rates for the latest 91-day and 182-day discount bills of the U.S. Department of the Treasury were higher, as both the three-months and the six-months incurred a 4.990% high rate. The price for the 91s was 98.738639 with a median bid of 4.970%, while the price...

  • Treasury to Raise $1B of New Cash With 4-Week Bills. Newman, Emily // Bond Buyer;8/17/2004, Vol. 349 Issue 31949, p2 

    Announces the plan of the U.S. Treasury Department to sell four-week discount bills worth 23 billion dollars. Anticipation that the sale will generate a billion dollars in new cash.

  • Official: Treasury Needs Higher Debt Limit Soon. Newman, Emily // Bond Buyer;10/6/2004, Vol. 350 Issue 31984, p4 

    Reports on the likely actualization of the debt limit for borrowing by the Department of the Treasury in the U.S. Need for Congress to enforce emergency accounting measures; Closure of the window for state and local government series securities; Lack of pending legislation to extend the debt limit.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics