02068cas a2200265 a 4500 AALejournalIMF001436 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848175 1018-5941 BD-DhAAL BD-DhAAL Schinasi, Garry. Financial Implications of the Shrinking Supply of U.S. Treasury Securities / Garry Schinasi, T. Smith, Charles Kramer. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (51 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Recent improvements in fiscal positions in advanced countries have sharply curtailed the issuance of government securities and created the possibility that government securities could disappear in some countries. The possibility that this might occur in the United States has attracted the most attention, in large part because of the international role of the U.S. dollar and the widespread perception that U.S. treasury securities have the lowest total financial risk (the combination of credit, market, and liquidity risks) among U.S. dollar assets. This paper analyzes the unique features of government securities and links them to the important roles that government securities, in particular U.S. treasury securities, have come to play in national and international financial markets. The paper then identifies and examines financial market-oriented public policy questions raised by the shrinking supply of U.S. treasuries. Mode of access: Internet Kramer, Charles. Smith, T. IMF Working Papers; Working Paper ; No. 2001/061 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/061/001.2001.issue-061-en.xml IMF e-Library