幫助提高債券市場(off-the-run securities)的流動性 [link inside]

US Treasury keeps auction sizes unchanged through July, launches buyback

By Gertrude Chavez-Dreyfuss
May 1, 2024 12:12 PM PDT

At an International Swaps and Derivatives Association conference in September, Frost had said debt buybacks can help improve liquidity in the bond market by providing a regular opportunity for market participants to sell back to Treasury off-the-run securities, which are older and less liquid, across the yield curve.