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

There are currently $71.995 billion of four-week bills outstanding.

The bills settle Oct. 19 and are due Nov. 16.

Federal Reserve banks hold nothing in maturing bills in their own accounts.

Bloomberg News

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.
Gary Siegel

Gary Siegel

Gary Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.