Bennett, Paul; Garbade, Kenneth; Kambhu, John - Federal Reserve Bank <New York, NY>; Leonard N. Stern …; … - 2000
the STRIPS market, this action would ensure thatSTRIPS promising to pay the same amount on the same futuredate will trade … at the same price, and it would enhance theinternal integration of the market for notes and bonds as wellas the … integration of that market with the STRIPS market. Inparticular, it would result in very nearly identical market pricesfor …