The Treasury Department yesterday said it will raise $6.997 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $41 billion to refund $34.003 billion of maturing securities. To be sold are $21 billion of 91s, dated Dec. 13 and due March 13, 2008, and $20 billion of 182s, dated Dec. 13 and due June 12, 2008.Federal Reserve banks hold $16.933 billion of maturing bills in their own accounts, all of which may be refunded.Also maturing is an estimated $28 billion of publicly held four-week Treasury bills, the disposition of which will be announced Dec. 10.
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Chicago's top suburban customer and Illinois' largest water wholesaler bought land for a treatment plant in Northbrook, saying it will strike out on its own.
1h ago -
The approval clears the way for groundbreaking on a bridge that the two states have been trying to replace for 12 years.
1h ago -
More funding went to oil and gas subsidies than into green energy projects in recent years, according to panelists at Milken Institute's Global Conference.
5h ago -
Charter schools had the most impairments in the past 12 months.
May 9 -
Municipal bond mutual funds saw another week of inflows as investors added $1.053 billion in the week ending Wednesday, the second-largest figure this year.
May 9 -
In a new debt profile report, the Comptroller Thomas DiNapoli says the MTA will be pressured if congestion pricing tolls in Manhattan are blocked.
May 9