The Treasury Department said yesterday it will raise $6.998 billion of new cash at its weekly auction of 91-day and 182-day discount bills Monday by selling $37 billion to refund $30.002 billion of maturing securities. To be sold are $19 billion of 91s, dated Jan. 10 and due April 10, and $18 billion of 182s, dated Jan. 10 and due July 10. Federal Reserve banks hold $12.408 billion of maturing bills in their own accounts, all of which may be refunded. Also maturing is an estimated $23 billion of publicly held four-week Treasury bills, the disposition of which will be announced Jan. 7.
-
The commission also made changes to planned Louisiana State gas and fuel tax bonds of up to $1 billion
1h ago -
High-yield muni issuance totals $20 billion year-to-date, "reflecting normalization from relatively depressed levels in 2023 ($7.6 billion over the comparable period), and now virtually equal to the trailing five-year average for the period ($20.1 billion)," said J.P. Morgan strategists, led by Peter DeGroot.
1h ago -
Mayor Eric Adams was indicted on federal bribery, campaign finance and conspiracy charges, the U.S. Attorney's Office announced Thursday.
1h ago -
The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.
4h ago -
"The market is strong right now, and we expect that to continue into next year," Loop's head of public finance Bo Daniels said.
4h ago -
The continuing resolution to keep the government funded was passed without the inclusion of controversial legislation requiring proof of citizenship in order to vote.
4h ago