The Wall Street Journal-20080115-Treasury Sets Sale of Bills

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Treasury Sets Sale of Bills

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WASHINGTON -- The Treasury plans to pay down $11.00 billion on the public debt with the sale today of about $9 billion in short-term bills.

Maturing bills outstanding total $20 billion.

The sale amount is down from last week's auction, when the Treasury sold $15 billion in four-week bills.

The bills will mature on Feb. 14, 2008. The Cusip number is 912795C74.

Noncompetitive tenders for the bills, available in minimum $1,000 denominations, must be received by noon EST today, and competitive tenders by 1 p.m.

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