Tax reserve certificates

Quarterly Bulletin 1962 Q3
Published on 01 September 1962

This article explains what tax reserve certificates are and how they have developed, and discusses their importance in government finance. It goes on to analyse the holdings of the certificates, and why they fluctuate. Some new statistical tables are given at the end of the article.

PDFTax reserve certificates


Other Quarterly Bulletin 1962 Q3 articles