The Treasury Department said it will sell $28 billion of four-week discount bills yesterday.

The 28-day bills will raise $15 billion in new cash by auctioning $28 billion to refund $13 billion of maturing bills. The bills have an issue date of Feb. 21 and are due March 20.

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.