Weekly T-Bill Auction To Raise $13B New Cash

The Treasury Department said Thursday it will raise $12.994 billion of new cash at its weekly auction of 91-day and 182-day discount bills today by selling $46 billion to refund $33.006 billion in maturing securities.

To be sold are $24 billion 91s, dated March 27 and due June 26, and $22 billion 182s, dated March 27 and due Sept. 25.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER