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US Treasury mulls floating rate debt security

http://www.ft.com/cms/s/0/0cf3791e-fbfd-11e0-b1d8-00144feab49a.html#ixzz1beXMzM4O

US Treasury considers floating rate new debt security

The US Treasury and Wall Street dealers are set to discuss whether to introduce a new debt security to help finance the country’s mounting budget deficit in the coming years. Topping the agenda of a meeting on Friday between Treasury officials and dealers, who underwrite US government debt sales, is the possible introduction of floating-rate notes.

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