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U.S. net T-bill supply seen growing by $100 bln in Sept - BMO
September 11, 2017 / 12:50 PM / 2 months ago

U.S. net T-bill supply seen growing by $100 bln in Sept - BMO

NEW YORK, Sept 11 (Reuters) - Net issuance of U.S. Treasury bills could increase by $100 billion in September if the government decides to raise the T-bill auction sizes to near historic high following a deal to extend the debt ceiling to December, BMO Capital Markets analysts said on Monday.

If the borrowing cap were not raised after Dec. 8, the government could engage in a round of extraordinary measures worth $285 billion to meet its obligations, they wrote in a research note. (Reporting by Richard Leong)

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