Be Prepared for T-Bills Flood

Corporate debt and investment managers need to prepare now, as upcoming T-bill issuance will put upward pressure on short-term rates.

By Alexandra Harris | Updated on February 15, 2018

Get ready for the deluge of Treasury bills, and the increase in short-term funding costs that’s likely to accompany it.

Investors are bracing for an onslaught of T-bill supply following last week’s U.S. debt ceiling suspension. That’s already prompting them to demand higher rates from borrowers across money markets. And that’s just a result of the government replenishing its cash hoard to normal levels.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

NOT FOR REPRINT

Dig Deeper

Recommended Stories

Tapping a Wealth of Data to Improve Portfolio Risk Management

Meg Waters | August 10, 2023

Congratulations to Morgan Stanley on winning the 2023 Silver Alexander Hamilton Award in Risk Management!

Investments Shift away from Bank Deposits

Tom Hunt | September 20, 2023

The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.

Fed Reaffirms Inflation Resolve

Craig Torres | January 04, 2023

Minutes from the FOMC’s December meeting include an unusually blunt warning to investors, cautioning against underestimating the Fed’s will to keep interest rates high for some time.

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.