Treasury to offer $39B 91-days, $33B 182-days week of July 3

The Treasury Department said Thursday it will auction $39 billion 91-day bills and $33 billion 182-day discount bills Monday.

The 91s settle July 6, and are due Oct. 5, and the 182s settle July 6, and are due Jan. 4, 2018.

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The US Treasury Department has appealed to the Sixth Circuit Court a pair of lawsuits with Ohio and Kentucky that have blocked the department from enforcing an ARPA provision that restricts the states from using the funds to offset tax cuts.

Currently, there are $32.999 billion 91-days outstanding and $19.995 billion 182s.

The Treasury also said it will auction $40 billion of four-week discount bills Monday.

There are currently $67 billion of four-week bills outstanding.

The bills settle July 6 and are due Aug. 3.

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

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