The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.
There are currently $75.001 billion of four-week bills outstanding.
The bills settle July 23 and are due Aug. 21.
Federal Reserve banks hold nothing in maturing bills in their own accounts.
Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.
Foley & Judell's Hathorn is to receive this year's Bernard P. Friel Medal while Barnes & Thornburg's Henck is to receive the Frederick O. Kiel Distinguished Service Award.
Joe's introduction to municipal bonds came long before his career began. His parents, who owned a small business, regularly invested in municipal securities.
"I've always been driven more by people than subject matter," Kirsten says. "The people I met were passionate about what they do and that passion was contagious."
Diana has built a reputation for candor in expressing bold opinions and a commitment to analytical excellence.
"I like seeing the progress in the communities I work with," Jorge says.
