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t-bill auction date set

MOSCOW () -- The Central Bank has announced that the next government auction of six-month treasury bills will be held on Aug. 9, with an issue volume of 600 billion rubles ($288 million), the Skate-Press Consulting Agency reported Friday. The bills will mature on Feb. 14, 1995.


The government has in recent months been moving toward longer-term bond issues, rapidly increasing the volumes of its six-month treasury bill auctions while slowing growth in three-month T-bills.

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