Debt Management: Backup Funding Options Would Enhance Treasury's Resilience to a Financial Market Disruption

United States. Government Accountability Office.

United States. Government Accountability Office.

关键词: Government accountability -- United States.;    budget and spending;    debt management;    letter report;   

RP-ID  :  GAO-06-1007
RP-ID  :  251682

美国|英语

来源: UNT Digital Library

【 摘 要 】

A letter report issued by the Government Accountability Office with an abstract that begins "The September 11, 2001, attacks significantly affected the financial markets that the U.S. Treasury (Treasury) relies on. To understand how Treasury could obtain funds during a future potential wide-scale financial market disruption GAO examined (1) steps Treasury and others took during the September 11 attacks and after to assure required debt obligations and payments were made on time and ensure liquidity in the markets, (2) major actions Treasury and others have taken since the attacks to increase the resiliency of the auction process, and (3) the opinions of relevant parties on the main design features of any backup funding options. We conducted interviews with Treasury officials and others and reviewed appropriate documents."