Source Pravda.Ru

US Treasury to bring back one-year bills

The United States Department of the Treasury is going to revive one-year bills due to a weakening economy.

The 52-week bill ceased to exist in 2001 when budget surpluses had eliminated the need to sell debt. Now when federal budget deficit may approach its acme and the country is rolling down into huge debt the need for the bill sounds urgent.

The treasury of the United States government is also going to auction $15 billion of 10-year notes on May 7 and $6 billion of 29 1/2-year bonds on May 8.

52-week bills will be auctioned every four weeks. The Treasury Department anticipates selling cash management bills in May, June, August and September. Treasury plans to up the issuance of bills and nominal coupons for the rest of the year.

Photo: godc.about.com

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
Comments
What may happen to foreign tourists traveling for 2018 World Cup in Russia
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian Navy admiral says Russia will torpedo US warships, if need be
Russian Navy admiral says Russia will torpedo US warships, if need be
USA sanctions Russian oligarchs and heads of state-run companies
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
USA sanctions Russian oligarchs and heads of state-run companies
USA sanctions Russian oligarchs and heads of state-run companies
USA sanctions Russian oligarchs and heads of state-run companies
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea