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U.S. to sell $25 bln 4-week bills on Tuesday

Mon Oct 6, 2008 11:18am EDT
 
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WASHINGTON, Oct 6 (Reuters) - The U.S. Treasury Department on Monday said it will sell $25 billion of 4-week bills on Tuesday, Oct. 7.

The 28-day bills will be issued Oct. 9 and mature Nov. 6.

Treasury said the net long position reporting threshold is $8.75 billion.

Noncompetitive bids must be received before 12:00 a.m. EDT (1600 GMT) and competitive bids by 1:00 p.m. EDT (1700 GMT).

The CUSIP for the 28-day bills is 912795H53 (Reporting by Patrick Rucker; Editing by James Dalgleish)

 

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