A (treasury system) may reduce a need.Logical formLearned from2 sentences. Treasuries may play a role.Logical formLearned from2 sentences. (Basis points) can be above treasuries.Logical formLearned from2 sentences. Depth may pertain-to a (coupon treasury market).Logical formLearned from2 sentences. A market may compare to depth of a (coupon treasury market).Logical formLearned from2 sentences. A (treasury financing) can be efficient.Logical formLearned from2 sentences. Participants may become holders of treasuries.Logical formLearned from2 sentences. A slide may show percentages of treasuries.Logical formLearned from2 sentences. Holdings of treasuries can be substantial.Logical formLearned from2 sentences. A percentage of foreign ownership of treasuries may create risks.Logical formLearned from2 sentences. A percentage of foreign ownership of treasuries may create risks risks to the economy.Logical formLearned from2 sentences. A treasury may undergo requirements.Logical formLearned from2 sentences. Cardinals may receive an income from a treasury.Logical formLearned from2 sentences. Some individuals may represent a broad spectrum of a treasury.Logical formLearned from2 sentences. A broad spectrum may pertain-to a treasury.Logical formLearned from2 sentences.