The Treasury Department said yesterday it will sell $26 billion of four-week discount bills today.

 

The 28-day bills will raise $11 billion in new cash and refund $15 billion of maturing bills.

 

The bills have an issue date of Feb. 7 and are due March 6.

 

Federal Reserve banks hold $15.908 billion of maturing bills in their own accounts.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.