The Treasury Department yesterday said it will raise about $49 billion of new cash by auctioning $19 billion of five-year notes on April 24 and $30 billion of two-year notes on April 23.

The five-years are dated April 24 and due April 30, 2013.

The two-years are dated April 23 and due April 30, 2010.

The Federal Reserve holds $5.228 billion of Treasury notes in the System Open Market Account, which may be refunded.

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