Don’t miss out on this opportunity to invest in U.S. Treasury bills

  • U.S. Treasury to auction $80 billion in reopened 42-day bills
  • Debt will settle on Feb. 01, 2024 and mature on March 14, 2024
  • Reopening of an issue first sold on Sept. 14, 2023
  • Federal Reserve holds $15.377 billion of maturing securities
  • Noncompetitive tenders must be received by 11:00 AM ET Tuesday
  • Competitive tenders must be received by 11:30 AM ET Tuesday

The U.S. Treasury plans to auction $80 billion in reopened 42-day bills on Tuesday. This debt, which will settle on Feb. 01, 2024, and mature on March 14, 2024, is a reopening of an issue first sold on Sept. 14, 2023. The Federal Reserve currently holds $15.377 billion of maturing securities. Noncompetitive tenders for the 42-day bills, available in minimum denominations of $100, must be received by 11:00 AM Eastern Time on Tuesday. Competitive tenders, also available in minimum denominations of $100, must be received by 11:30 AM Eastern Time. Don’t miss out on this opportunity to invest in U.S. Treasury bills.

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Factuality Level: 10
Justification: The article provides factual information about the U.S. Treasury’s plan to auction $80 billion in reopened 42-day bills. It includes details such as the settlement and maturity dates, the reopening of the issue, the amount held by the Federal Reserve, and the tender requirements. The information is specific and verifiable.

Noise Level: 2
Justification: The article provides clear and concise information about the U.S. Treasury’s plan to auction $80 billion in reopened 42-day bills. It includes details about the settlement and maturity dates, as well as information about the Federal Reserve’s holdings. The article stays on topic and does not dive into unrelated territories. However, it lacks analysis, scientific rigor, and actionable insights, which lowers its overall noise level.

Financial Relevance: Yes
Financial Markets Impacted: The auction of $80 billion in 42-day bills by the U.S. Treasury may impact the bond market and interest rates.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the U.S. Treasury’s plan to auction $80 billion in 42-day bills. However, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com