Note: Data exclude devolvement but include MSS and Non-Competitive Bids. One of the key issues in the development of the market for a better price discovery is liquidity of securities. It was observed that, of the universe of a large number of outstanding securities, only a few securities are actively traded in the secondary market.
Information about this review can be found on the Federal Reserve Board's website.4 In this review, we will listen to a broad range of stakeholders at public events held around the country, and we will draw on their insights as we assess how best to achieve and maintain maximum employment and price stability in the most robust fashion possible.