Italian Treasury Credit Certificates (CCTs): theory, practice and quirks
CCTs (Italian Treasury credit certificates) were first introduced in 1977 in order to meet the need for more effective management of the public debt. The CCT was accepted in the market as a `centaur': a short-term security in its yield and risk features, but with a long maturity. However, in te...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10683 |