The Treasury's $6 billion bond buyback cost about $4 billion before accrued interest: the old debt was trading below par. Only seven of the 40 qualifying bonds were bought on November 4. Two took almost 98% of the accepted debt.
The Treasury's $6 billion bond buyback cost about $4 billion before accrued interest: the old debt was trading below par. Only seven of the 40 qualifying bonds were bought on November 4. Two took almost 98% of the accepted debt.
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