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

  • U.S. Treasury to auction $90 billion in reopened 4-week bills
  • Debt will settle on Jan. 30, 2024 and mature on Feb. 27, 2024
  • Reopening of an issue first sold on Oct. 31, 2023
  • Federal Reserve holds $1.244 billion of maturing securities
  • Noncompetitive tenders must be received by 11:00 AM ET Thursday
  • Competitive tenders must be received by 11:30 AM ET Thursday

The U.S. Treasury is planning to auction $90 billion in reopened 4-week bills on Thursday. This debt will settle on January 30, 2024, and mature on February 27, 2024. It is a reopening of an issue that was first sold on October 31, 2023. The Federal Reserve currently holds $1.244 billion of maturing securities. Noncompetitive tenders for the 4-week bills, with a minimum denomination of $100, must be received by 11:00 AM Eastern Time on Thursday. Competitive tenders, also with a minimum denomination 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 $90 billion in reopened 4-week bills. It includes details about the settlement and maturity dates, as well as information about the reopening of the issue. The article also mentions the amount of maturing securities held by the Federal Reserve and provides information about the noncompetitive and competitive tenders. The CUSIP number is also provided. Overall, the article sticks to providing objective information without any bias or opinion.

Noise Level: 2
Justification: The article provides factual information about the U.S. Treasury’s plan to auction $90 billion in reopened 4-week bills. It includes details about 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, evidence, or actionable insights, and it does not hold powerful people accountable or explore consequences. Therefore, the overall noise level is low.

Financial Relevance: Yes
Financial Markets Impacted: The auction of $90 billion in reopened 4-week bills by the U.S. Treasury may impact the bond market and investors.

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 $90 billion in reopened 4-week bills. However, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com