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

  • U.S. Treasury to auction $80 billion in reopened 4-week bills
  • Debt will settle on Dec. 05, 2023 and mature on Jan. 02, 2024
  • Reopening of an issue first sold on Sept. 05, 2023
  • Federal Reserve holds $1.886 billion of maturing securities
  • Noncompetitive tenders must be received by 11:00 AM Eastern Time Thursday
  • Competitive tenders must be received by 11:30 AM Eastern Time

The U.S. Treasury plans to auction $80 billion in reopened 4-week bills on Thursday. This debt, which will settle on Dec. 05, 2023, and mature on Jan. 02, 2024, is a reopening of an issue first sold on Sept. 05, 2023. The Federal Reserve currently holds $1.886 billion of maturing securities. Noncompetitive tenders for the 4-week bills, available in minimum denominations of $100, must be received by 11:00 AM Eastern Time Thursday. 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.

Factuality Level: 10
Factuality Justification: The article provides factual information about the U.S. Treasury’s plan to auction $80 billion in reopened 4-week bills. It includes details about the settlement and maturity dates, the reopening of the issue, the amount held by the Federal Reserve, and the tender requirements. The article also provides the CUSIP number and mentions that the data is provided by the U.S. Treasury Department.
Noise Level: 2
Noise Justification: The article provides clear and concise information about the U.S. Treasury’s plan to auction $80 billion in reopened 4-week 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, accountability, scientific rigor, and actionable insights, which lowers its overall noise level.
Financial Relevance: Yes
Financial Markets Impacted: The auction of $80 billion in reopened 4-week 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
Rating Justification: The article pertains to financial topics as it discusses the U.S. Treasury’s plan to auction government debt. However, there is no mention of any extreme event or its impact.
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Reported publicly: www.marketwatch.com