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CBOT Responds To U.S. Treasury Department Announcement On 30-Year Bonds

Date 05/05/2005

Below please find a statement from CBOT Chairman Charles P. Carey regarding today’s announcement by the U.S. Treasury Department that it will consider reissuing 30-year Treasury bonds.

“The Chicago Board of Trade is very pleased that Treasury is considering reissuing the 30-year bond,” Chairman Carey said. “Reintroduction of the 30-year bond would deliver a multitude of benefits to participants in the capital markets. A liquid market for debt across the entire yield curve would lower risk profiles for long-term investors and would serve an important role in the pricing of other long-term debt instruments.”