Bureau Of Public Debt
The Bureau of Public Debt borrows about $5 trillion dollars worth of funds every year for the federal government. It manages to do this through over 200 auctions of marketable securities each year, in which investors bid for the securities as they are released by the government. The Bureau of Public Debt has over 40,000 offices located throughout the U.S. to facilitate the auctions and sales of its debt securities to the public.
Investment dictionary. Academic. 2012.
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