Treasury to Sell $20B 4-Week Bills

The Treasury Department said Monday it will sell $20 billion of four-week discount bills Tuesday.

There are currently $62.990 billion of four-week bills outstanding.

The bills settle May 16 and are due June 13.

Federal Reserve banks hold nothing in maturing bills in their own accounts.

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