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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Working Papers

December 1983, No. 83-4

The Behavior of the Spread Between Treasury Bill Rates and Private Money Market Rates Since 1978

Timothy Q. Cook and Thomas A. Lawler

The Treasury bill rate is generally viewed as the representative money market rate.

Katrina Mullen (804) 697-8145