Determinants of the Spread between Treasury Bill and Private Sector Money Market Rates

FRB Richmond Working Paper No. 79-4, September 1979

31 Pages Posted: 24 Aug 2012

Date Written: April 1980

Abstract

The purpose of this paper is to explore the reasons underlying the variable and sometimes very large differentials between United States Treasury bill rates and private sector U.S. money market rates of comparable maturity.

Suggested Citation

Cook, Timothy, Determinants of the Spread between Treasury Bill and Private Sector Money Market Rates (April 1980). FRB Richmond Working Paper No. 79-4, September 1979, Available at SSRN: https://ssrn.com/abstract=2116565 or http://dx.doi.org/10.2139/ssrn.2116565

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