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US To Sell $42 Bln In 52-Week Bills Tue

WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $42 billion in 52-week bills Tuesday.

The debt will settle on Sept. 07, 2023 and will mature Sept. 05, 2024.

The Federal Reserve holds $9.483 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 52-week bills, available in minimum denominations of $100, must be received by 12:00 PM Eastern Time Tuesday. Competitive tenders available in minimum denominations of $100, must be received by 1:00 PM Eastern Time.

The CUSIP number is 912797GL5.

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

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