Treasury Announces Auction: The Treasury announced that...
From Times Staff and Wire Service Reports
Treasury Announces Auction: The Treasury announced that it will auction $9.5 billion of one-year Treasury bills at 1 p.m. EST on Feb. 13 that will provide the government with $400 million in new cash. The bills, sold a minimum amounts of $10,000, will be issued for cash and maturing one-year T-bills, of which there are $9.1 billion outstanding, the Treasury said.