Your English writing platform
Discover LudwigSuggestions(5)
Exact(5)
The ECB's commitment to make unlimited purchases is already restricted to bonds of up to three years' remaining maturity.
The index includes all publicly issued zero-coupon U.S. Treasury Bills that have a remaining maturity of more than one month and less than 3 months.
The price of the Treasury note will decline as interest rates rise, but that decline will be mitigated by its shorter remaining maturity.
(This index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of between one and 12 months).
The index includes publicly issued U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year and have $600 million or more outstanding face value.
Similar(55)
The Treasury also said it would buy back securities with remaining maturities of 10 years or more.
The committee intends to purchase, by the end of June 2012, $400 billion of Treasury securities with remaining maturities of six years to 30 years and to sell an equal amount of Treasury securities with remaining maturities of three years or less.
The actual buybacks began early this year, and so far the Treasury has repurchased $17.5 billion of bonds with remaining maturities of 15 to 25 years.
Instead of spreading purchases of Treasuries evenly across all maturities, the Fed will buy "a greater proportion of off-the-run securities with remaining maturities under two years" than those with remaining maturities between 10 and 30 years, it said in a statement.
Specifically, the committee intends to purchase Treasury securities with remaining maturities of six years to 30 years at the current pace and to sell or redeem an equal amount of Treasury securities with remaining maturities of approximately three years or less.
It said Wednesday that by June 2012 it would sell $400 billion in securities with remaining maturities of less than three years and buy roughly the same amount in securities with maturities longer than six years.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com