Not exact matches
We do not have a
date of expected release, but with notes like this
floating around, we can imagine that it won't be too much
longer.
Offer
longer -
dated floating - rate debt indexed to 3 - month T - bills.
Since short - and intermediate - term TIPS, as well as the
floating - rate loans and the ABS / CMBS swapped for CPI, receive the same inflation adjustment as other,
longer -
dated inflation - linked securities, they may be able to provide similar protection from inflation, but with less interest rate risk.
The short - tailed business (GEICO) is growing, which makes short -
dated float feel
long — in essence Buffett can borrow short and invest
long, for now.
... There is low exposure to
floating rate debt and most have
long -
dated debt on their books.»