*Letters

TBMA Submits Comments to the US Department of Treasury on the Potential Disruption of a Scheduled Auction of US Treasury Securities

Published on:
December 10, 2003

The Bond Market Association (TBMA)* provides comments to the U.S. Department of Treasury (Treasury). Treasury indicated it was developing contingency plans for responding to potential disruptions to the Treasury auction process. As part of the development process, Treasury requested comment regarding the circumstances under which Treasury should consider postponing an auction andthe factors to be considered in deciding whether or not to postpone an auction.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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