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Short-Term T-bill Sales Soar

November expected to see most sales since U.S. Treasury stepped up issuance during the financial crisis.

By Daniel Kruger, Bloomberg | Updated on November 03, 2015

The U.S. Treasury sold $50 billion of four-week bills, kicking off what’s forecast to be the largest month of short-term debt sales in seven years, after issuance shrank before the deadline to reach a compromise on the U.S. debt ceiling.

The $225 billion of bills expected to be sold this month is the most since the Treasury stepped up issuance during the financial crisis to help bail out banks as demand for the safest assets surged. Tuesday’s sale is the biggest since December 2014.

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