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

  • U.S. Treasury to auction $90 billion in reopened 8-week bills
  • Debt will settle on Jan. 30, 2024 and mature on March 26, 2024
  • Reopening of an issue first sold on Nov. 28, 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 8-week bills on Thursday. This debt will settle on January 30, 2024, and mature on March 26, 2024. It is a reopening of an issue that was first sold on November 28, 2023. The Federal Reserve currently holds $1.244 billion of maturing securities. Noncompetitive tenders for the 8-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 8-week 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 presented without any bias or opinion.

Noise Level: 1
Justification: This article is a straightforward announcement of a Treasury auction. It provides factual information about the auction, including the amount, settlement date, maturity date, and details about the reopening of the issue. There is no noise, irrelevance, or filler content in this article.

Financial Relevance: Yes
Financial Markets Impacted: The auction of $90 billion in reopened 8-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
Justification: The article pertains to financial topics as it discusses the U.S. Treasury’s plan to auction $90 billion in reopened 8-week bills. However, there is no mention of any extreme event or its impact.

Reported publicly: www.marketwatch.com