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

There are currently $60.004 billion of four-week bills outstanding.

The bills settle May 12 and are due June 9.

Federal Reserve banks hold $3.782 billion in 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.