Treasury to Sell $22B Of 4-Week Bills

The Treasury Department said it will sell $22 billion of four-week discount bills today.

There are currently $88.008 billion of four-week, or 28-day, bills outstanding.

The bills settle Jan. 2, 2009, and are due Jan. 29, 2009.

Federal Reserve banks hold $6.285 billion in maturing bills in their own accounts.

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