The Treasury Department plans $30 billion of...
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The Treasury Department plans $30 billion of note and bill auctions next week to redeem maturing debt and fund government operations. The refunding is the centerpiece of borrowing in the October-December quarter, and part of the sales will add to the federal budget deficit, which totaled $155 billion in the 1988 fiscal year. It will auction $9.5 billion of three-year notes on Tuesday and $9.5 billion of 10-year notes on Wednesday. On Thursday, it will offer $11 billion of short-term cash management bills.
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