Have there been any significant changes in the use by banks of securities and
municipals over the past ten years?
One of the more interesting sites on the World Wide Web is the Bureau of the
Public Debt in the U.S. Treasury Department at
related site known as Treasury Direct at
. These sites contain
a great deal of information about U.S. Treasury activities in the money and
capital markets, about changes in the public debt of the United States, and about
the government’s revenue and expense budget. Using these two popular Web
sites, research the following questions:
a. What types of securities does the Treasury make available to investors?
(Make a list.)