NEW YORK - The Treasury Department said Monday it will sell $35 billion of four-week discount bills Tuesday.
There are currently $109.991 billion of four-week bills outstanding.
The bills settle February 10 and are due March 11.
Federal Reserve banks hold $5.938 billion in maturing bills in their own accounts.
The Supreme Court decision that changes the provisions in the Voting Rights Act adds legal risk for state and local governments.
The local government is seeking to replace LUMA Energy as the island's transmission and distribution company.
"I don't mind owning a railroad for $2.4 billion," said Assured CEO Dominic Frederico.
Northwest Nazarene University, an Idaho private Christian college, had its ratings outlook revised to positive.
Munis should do "relatively well" this month, as investors will "focus on heavy summer redemptions; tax-exempt supply should remain healthy but is unlikely to overwhelm," said Barclays strategists.
The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.
