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Determinants of the Spread Between Treasury Bill and Private Sector Money Market Rates

By Timothy Q. Cook

Working Papers

September 1979, No. 79-4 (Revised Apr. 1980)

The purpose of this paper is to explore the reasons underlying the variable and sometimes very large differentials between United States Treasury bill rates and private sector U.S. money market rates of comparable maturity.

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Katrina Mullen