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9187 Results

September 13, 2004

Modifications to the minimum bidding requirements and the maximum bidding limit at auctions of non-fungible Cash Management Bills (CMBs).

Effective September 15, for a trial period lasting at least 12 months, minimum bidding requirements and maximum bidding limits will be suspended for auctions of Cash Management Bills (CMBs) which are non-fungible (i.e., do not share a common maturity date with a previously-issued 3-, 6- or 12-month treasury bill). All other provisions of the Terms of Participation will continue to apply to auctions of non-fungible CMBs.
Content Type(s): Press, Market notices
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