TITLE

Treasury to Auction 4-Week Bills Today

AUTHOR(S)
Newman, Emily
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The United States Department of Treasury said it will sell 22 billion dollars of four-week discount bills as of June 10, 2003. The four-week, or 28-day, bills will raise new cash of 16 billion dollars by auctioning 22 billion dollars to refund six billion dollars of maturing bills. Federal Reserve banks hold 15.284 billion dollars of maturing bills in their own accounts.
ACCESSION #
10069666

 

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