One result, he said, is that corporate treasurers are holding back on new issues.

It will settle for a close relationship with 10,000 or so corporate treasurers.

The corporate treasurer's job is to borrow money for the company at the lowest rate.

Corporate treasurers also used the security of the monetary system to reduce their costs.

"If corporate treasurers wait until early next year to do a financing, they have exposed themselves to a month of war risk."

Although unknown to most Americans, they are popular with corporate treasurers and wealthy individuals.

A former corporate treasurer and a director of bond research were named to the board that sets accounting standards.

Two other top Chrysler executives, the corporate treasurer and an executive vice president, announced plans in recent weeks to leave.

"Am I wrong, or aren't you the corporate treasurer?"

Individual investors and corporate treasurers may benefit by studying options price movements.

The dollar's sharp decline has come as a pleasant surprise to corporate treasurers.

Auction-rate preferred issues are popular short-term investments among corporate treasurers.

With fewer restrictions, corporate treasurers and investors could find the private markets even more advantageous.

A range of accounting considerations, from tax treatment to transaction costs, are among the factors corporate treasurers need to consider in such instances.

Corporate treasurers responded to the lower rates by flooding the fixed-income market with new securities.

The dollar is the world's anchor currency - the one chosen to store reserves whether you're a nation's central bank or major corporate treasurer.

But the market's historic strength provides little comfort to corporate treasurers who know that at any time the window could snap shut.

Financing programs similar to Michigan Bell's are becoming increasingly popular with corporate treasurers.

The market has not enticed corporate treasurers to unleash a wave of new debt issues this week.

Analysts said that decline had forced corporate treasurers to amend their financing strategies for 1992.

But selling this product is not as easy as it sounds, even though some corporate treasurers like the sound of the new scheme.

The recent surge in rates has prompted some corporate treasurers to reassess their debt holdings.

Mr. Leslie's cautious attitude is also apparently shared by corporate treasurers around the country.

"You are making a rate bet against the principal," he said, scarey territory for many corporate treasurers, even with a guarantee.

The new venture, called Capitalink, will allow corporate treasurers to sell bonds directly to institutional investors.