WASHINGTON -- Members of a Treasury Department advisory panel have recommended that the government consider issuing a floating-rate five-year note before the end of 1995 to help meet rising federal borrowing requirements.

The recommendation was made by the Treasury borrowing advisory committee of the Public Securities Association, which met June 25 at the Treasury's request to consider ways of implementing the recent decision to step up short-term debt issues. Minutes of the meeting, which took place June 24 at the Federal Reserve Bank of New York, were released yesterday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.