Treasury to Sell $40B 4-Week Bills

NEW YORK - The Treasury Department said Monday it will sell $40 billion of four-week discount bills Tuesday.

There are currently $56.000 billion of four-week bills outstanding.

The bills settle Feb. 16 and are due March 15.

Federal Reserve banks hold $3.782 billion in maturing bills in their own accounts.

For reprint and licensing requests for this article, click here.
MORE FROM BOND BUYER