Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of RI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search RI
Shrewd'm.com Merry shrewd investors
Best Of RI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search RI

Personal Finance Topics / Retirement Investing
Unthreaded | Threaded | Whole Thread (171) |
Author: Silverlinin ✧  😊 😞
Number: of 667 
Subject: Re: OT, out
Date: 03/18/2025 1:04 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 10
With all due respect Mungo, you’re technically correct.

The U.S. Treasury did experience delays paying maturing T-bills. In 1979 Congress faced a situation where it had not raised the debt ceiling in time. This limited the Treasury's ability to borrow funds.  

Result: There were three occasions in late April and early May of 1979, where T-bills were paid late. These delays, while ultimately resolved, were considered a form of "mini-default" or temporary default.

Just a humble creeper,
PaulnKC
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (171) |


Announcements
Retirement Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of RI | Best Of | Favourites & Replies | All Boards | Followed Shrewds