US To Sell $60 Bln In Reopened 40-Day Bills Tue

WASHINGTON (Dow Jones)--The U.S. Treasury plans to auction $60 billion in reopened 40-day bills Tuesday.

The debt will settle on Oct. 21, 2021 and will mature Nov. 30, 2021.

The debt is a reopening of an issue first sold on Aug. 03, 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 40-day bills, available in minimum denominations of $100, must be received by 11:00 AM Eastern Time Tuesday. Competitive tenders available in minimum denominations of $100, must be received by 11:30 AM Eastern Time.

The CUSIP number is 912796N88.

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