The U.S. Department of the Treasury's Bureau of the Fiscal Service announced the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities, effective 12:00 noon Eastern Time (ET), March 15, 2017, until further notice.
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This suspension is necessary due to the statutory debt ceiling and will assist Treasury's management of the debt subject to limit
The suspension applies to demand deposit and time deposit securities. Subscriptions for SLGS received by the Bureau of the Fiscal Service prior to 12:00 noon, on March 15, 2017, will be issued on the date requested. New subscriptions for SLGS will not be accepted during the suspension.
