The US Treasury said Thursday it will sell $55 billion offering worth of 3-month and 6-month bills.

In a separate statement also said Federal Reserve Bank of New York had bought $1.5 billion in treasury’s to improve its current conditions particularly in credit markets and spur lending.

The move intends to buy $300 million in Treasury securities over the next 6 months in an effort to lower its debt and save economic growth.

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3-month bills:

6-month bills: