US To Sell $70 Bln In Reopened 42-Day Bills Wed

WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $70 billion in reopened 42-day bills Wednesday. The debt will settle on Dec. 28, 2023 and will mature Feb. 08, 2024. The debt is a reopening of an issue first sold on Aug. 10, 2023. The Federal Reserve holds $11.842 billion of maturing securities for its own account. Amounts bid by the Federal Reserve banks for their own account will be in addition to the public offering amount. Noncompetitive tenders for the 42-day bills, available in minimum denominations of $100, must be...