The Treasury Department yesterday said it will raise $5.001 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $41 billion to refund $35.999 billion in maturing securities. To be sold are $21 billion 91s, dated Dec. 6 and due March 6, 2008, and $20 billion 182s, dated Dec. 6 and due June 5, 2008.
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The Federal Emergency Management Agency is asking for an additional $9 billion for this year in hopes they don't run out of funds in August as they're currently slated to.
21m ago -
The SEC won its case against Richard Ganci and Richard Tortora of Capital Markets Advisors over conflicts of interest present in their fee arrangement in connection to a $119 million offering for the City of Rochester, New York.
1h ago -
States are increasingly turning to public-private partnerships with developers to create new workforce housing so residents can afford to live where they work.
4h ago -
"April has been one of the worst-performing months over the past five years, which we believe warrants continued caution," BlackRock strategists said.
April 16 -
The public finance industry has been tracking the growth of the IRS budget with concerns that funding boosts would translate into higher audit rates for bond transactions.
April 16 -
Los Angeles Mayor Karen Bass aimed high in her State of the City speech just days before she will release a budget that needs to close a nearly half-billion-dollar deficit.
April 16