top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is the difference between an On the Run security and an Off the run security?

+1 vote
339 views
What is the difference between an On the Run security and an Off the run security?
posted Jul 10, 2017 by Niharika Singh

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. "On-the-run" Treasuries are the opposite of "off-the-run" Treasuries, which refer to Treasury securities that have been issued before the most recent issue and are still outstanding. Media mentions about Treasury yields and prices generally reference "on-the-run" Treasuries.

Off-the-run treasuries are all Treasury bonds and notes issued before the most recently issued bond or note of a particular maturity. These are the opposite of "on-the-run treasuries."

answer Jul 11, 2017 by Sagar Sharma
...