NEW YORK - The Treasury Department said Tuesday it will sell $35 billion of four-week discount bills Wednesday.
There are currently $83.998 billion of four-week, or 28-day, bills outstanding.
The bills settle September 9 and are due October 7.
Federal Reserve banks hold $6.285 billion in maturing bills in their own accounts.
The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.
The Arlington City Council approved a master agreement to fund ongoing maintenance, operation, and improvements at the city-owned NFL stadium.
From Jan. 1, 2020 through mid April of this year, borrowers using conduit issuers accounted 87% of payment defaults by number in the muni market, Municipal Market Analytics' Matt Fabian said.
Moody's Ratings announced a stable rating outlook for Washington, D.C., good news for a city reeling from federal job cuts and gearing up for a mayoral race.
High-yield bond trading is "very bursty," with a lot of information at once and then nothing, said Matt Smith, founder and CEO of Spline Data.
The New Orleans Revenue Estimating Conference approved the new forecast Wednesday.
