US To Sell $48 Bln In Reopened 3-Month Bills Mon

WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $48 billion in reopened 3-month bills Monday.

The debt will settle on Oct. 21, 2021 and will mature Jan. 20, 2022.

The debt is a reopening of an issue first sold on July 22, 2021.

The Federal Reserve holds $13.527 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 3-month bills, available in minimum denominations of $100, must be received by 11:00 AM Eastern Time Monday. Competitive tenders available in minimum denominations of $100, must be received by 11:30 AM Eastern Time.

The CUSIP number is 912796K81.

(Data provided by the U.S. Treasury Dept.)