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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Paul Kern who wrote (92332)	3/17/2008 11:01:12 AM
From: Paul Kern	Read Replies (1) of 110194

US To Sell $31.0 Bln 4-Week Bills Tuesday (Unchanged) Last update: 3/17/2008 11:00:00 AM WASHINGTON (Dow Jones)--The Treasury plans to raise about $3.00 billion in fresh cash Tuesday with the sale of about $31.00 billion in four-week bills to redeem $28.00 billion in maturing bills. The sale amount is unchanged from last week's auction, when Treasury sold $31.00 billion in four-week bills. The Federal Reserve holds $10.37 billion of maturing bills for its own account, which it may choose to roll over in either Monday's three- and six-month bill auction or Tuesday's four-week bill auction. The four-week bills will be dated March 20, 2008, and mature on April 17, 2008. The CUSIP number is 912795D81. Noncompetitive tenders for the bills, available in minimum $1,000 denominations, must be received by 12 p.m. EDT Tuesday. Competitive tenders for the bills must be received by 1:00 p.m. EDT. (END) Dow Jones Newswires March 17, 2008 11:00 ET (15:00 GMT)

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