> For the complete documentation index, see [llms.txt](https://docs.xft.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.xft.finance/bitnet/blockchain/perpetual-overnight-rate-treasury-securities-ports.md).

# Perpetual Overnight Rate Treasury Securities (PORTS)

[The case for a new floating rate Treasury note](https://www.brookings.edu/articles/the-case-for-a-new-floating-rate-treasury-note/)