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Treasury to Offer $25B 11-Day Cash Management Bills
by: Gary Siegel
Monday, December 3, 2012
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The Treasury Department said it will auction $25 billion 11-day cash management bills on Tuesday, Dec. 4.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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