The Treasury Department said Wednesday it will raise $3.997 billion of new cash at its weekly auction of 91-day and 182-day discount bills today by selling $42 billion to refund $38.003 billion in maturing securities. To be sold are $22 billion of 91s, dated Nov. 29 and due Feb. 28, 2008, and $20 billion of 182s, dated Nov. 29 and due May 29, 2008.

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.