Examples of short-dated

• In those years, until 1913, it was not possible for the ordinary investor to find what we call short-dated stock.

• Would not a short-dated security be the same as an uncertain income—a security relating to one year?

• That is why the banker goes in for three months' bills and as many short-dated loans as he can get.

• The serious feature is the immense floating, debt, the great quantity of short-dated securities which we have to meet.

• Many large companies have raised loans—very often short-dated loans—and very few indeed have raised fresh preference capital.

• And there are very good reasons why there should be a good deal of short-dated stock in the market.

• The rate of interest assumed in the scheme is not comparable with the rate of interest paid in present circumstances on short-dated securities.

• An upward adjustment then took place in the short-dated gilts market and the long end of the money market.

• He should sell more long-dated bonds to mop up surplus money, instead of issuing short-dated paper.

• If you fund this short-dated paper you have it behind you, and, to a certain extent, your feet are clear.

• The only way they could issue them—and it was not at all easy—was by having some very short-dated shares which were more like a note.

• Another argument which has been put forward is this breach of contract theory, particularly in relation to the short-dated securities.

• What difference does it make, from the point of view of exchange control, whether this money goes to longdated or short-dated securities?

• What is the position with regard to short-dated paper?

• I am referring, of course, to the amount of short-dated paper that is in the market.