The Treasury Department said Thursday it will auction $24 billion 91-day bills and $23 billion 182-day discount bills Monday.
The 91s settle Sept. 19 and are due Dec. 19 and the 182s settle Sept. 19 and are due March 19, 2015.
Currently, there are $23 billion 91-days outstanding and no 182s.
While the municipal market barely budged following the Fed's decision to cut rates 50 basis points, Thursday saw muni yields rise up to two basis points, depending on the scale, but still lagged the weakness in USTs. LSEG Lipper reported $716 million of inflows into municipal bond mutual funds.
The Fed's 50 basis point cut surprised many, as a looming federal election and all the uncertainty that brings complicates efforts at forecasting.
The product is designed to give SOLVE's customers visibility into "next-trade" pricing data for more than 900,000 munis.
After getting positive outlooks from three rating agencies since 2023, Oklahoma received its first upgrade.
The agency cited a sustained commitment to healthy reserves and structural balance.
The plan involves building modern infrastructure and streamlining government operations and delivery of services.
