Weekly T-Bill Auction To Raise $9B New Cash

The Treasury Department said yesterday it will raise $8.995 billion of new cash at its weekly auction of 91-day and 182-day discount bills Tuesday by selling $46 billion to refund $37.005 billion in maturing securities.

To be sold are $24 billion 91s, dated Feb. 21 and due May 22, and $22 billion 182s, dated Feb. 21 and due Aug. 21.

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