TITLE

Treasury to Pay Down $12B With 4-Week Bills

AUTHOR(S)
Ferris, Craig T.
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/28/2004, Vol. 350 Issue 32038, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Treasury Department said it will sell $10.0 billion of four-week discount bills. The four-week, or 28-day, bills will pay down $9.0 billion and refund $19.0 billion of maturing bills. Federal Reserve banks hold $15,517 billion of maturing bills in their own accounts.
ACCESSION #
15505568

 

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