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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 12, 1958

Page

5

New Federal Debt Policy's Effects Eyed

New York AP reports the U S treasury celebrates stretching debt maturity while financial markets watch. Treasurers, school boards, and city officials consider tapping markets as record new securities flow in. The goal is longer term debt, reducing need for frequent refunds, with 63 month average maturity this week up from 58 last week.

New York U. S. Treasury Uncle Sam The Treasury

Treasury taps long term market to avoid rate rise

As yields rise on existing bonds, interest rates offered by borrowers climb. The Treasury aims to tap long-term investors without competing too hard with business or governments, hoping to prevent higher rates and keep money plentiful. Many will watch the outcome.

Treasury Perssons

Ghana seeks armored cars for riot control mission

ACCRA AP Ghana plans a two man mission to Europe to buy armored cars for the government. Premier Kwame Nkrumah aims to have the vehicles specially fitted to quell rioting in the Negro nation. Music all the way any time any day on KCRG RADIO.

Accra Ghana Europe Kwame Nkrumah Kcrg-Radio

Also Mentioned on This Page

Awson Federal Serve Free! Theatre Bata Cae PTT Kitchens Geneva Kehrer-Wheatland, Inc First Ave Seem Killian Killian Company Cedar Rapids Iowa C.C.D Ph. Geyvier Dad Healthkniut Mac Dee Brief Mae Dee
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