The Treasury Department said Thursday it will auction $25 billion 91-day bills and $23 billion 182-day discount bills Monday.
The 91s settle March 27 and are due June 26 and the 182s settle March 27 and are due Sept. 25.
Currently, there are $51.998 billion 91-days outstanding and no182s.
Issuance was $55.454 billion in 784 deals, up 13.7% year-over-year from $48.754 billion across 802 transactions. This is the highest monthly total for September, according to LSEG.
A possible increase in Democratic representation and property tax referendums have implications for state and local governance.
Muni investors' fears for the economy and war were overpowered by their fear of missing out, said Peter Delahunt, head of the municipal bond department at StoneX.
The center provides research, training and outreach on state and local governments' public money decisions.
Leases backing many of the bonds are scheduled to expire before the debt is fully repaid, Moody's warned.
The muni market will also receive $28 billion of principal and interest set to be paid to investors Thursday, according to CreditSights.
