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BRIEFLY

Banking & Finance

November 05, 1994|From Times Staff and Wire Reports

Treasury Will Sell $17 Billion in Bills: The department will raise $850 million in cash by selling the one-year bills Thursday. The bills, which will replace $16.2 billion in maturing securities, will be issued Nov. 17 and mature Nov. 16, 1995. The Federal Reserve Board holds $10.7 billion in maturing securities for its own account and $2.4 billion for foreign and international monetary authorities.

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