Interest Rate on the National Debt
Brad DeLong
delong at econ.Berkeley.EDU
Thu Sep 21 20:21:11 PDT 2000
>A request for information, or a link to the information.
>
>I recall hearing a while back that the Clinton administration
>was calling old 30-year, 15% yield bonds that the Reagan
>administration had issed back in the 1980's. They were being
>replaced with fresh debt, which consisted of 6% yield bonds.
>
>Does anybody know where I can find the rate structure of
>the national debt?
>
>
>Thanks,
>
>Barry
I don't think we can call them. I think we have to buy them back at a
pretty ferocious premium over face value, which I think we have been
doing...
Brad DeLong
--
J. Bradford DeLong
Professor of Economics, U.C. Berkeley
601 Evans Hall, #3880
Berkeley, CA 94720-3880
(510) 643-4027 voice
(510) 642-6615 fax
http://www.j-bradford-delong.net/
delong at econ.berkeley.edu
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