TITLE

T-Bills to Raise $55M New Cash

AUTHOR(S)
Ferris, Craig T.
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/28/2005, Vol. 351 Issue 32059, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Treasury Department said that it would raise $55 million of new cash at its weekly auction of 91-day and 182-day discount bills. This will be achieved by selling $37 billion to refund $36,945 billion in maturing securities. To be sold are $20 billion 91s, dated Feb. 3 and due May 5, and $17 billion 182s, dated Feb. 3 and due August 4. It further emphasizes that Federal Reserve Banks hold $16,692 billion of maturing bills.
ACCESSION #
15862285

 

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