FAP, May 10 (FAP)-- in order to manage borrowing demand at a time of growing concern about the US debt ceiling, the US Treasury cut the size of the issuance of the shortest-term benchmark Treasury bills and announced plans for three new cash management bills. The U.S. Treasury Department announced on Tuesday that it plans to issue $35 billion of four-cycle Treasury bills on Thursday, $15 billion less than the previous Treasury issue of the same maturity. The size of eight-cycle Treasury issuance was reduced to $35 billion from $45 billion. The size of the four-month Treasury bill auction remained unchanged at $36 billion. The Treasury said it planned to issue three temporary cash management notes in the next two weeks, which are due around October and are expected to total between $100 billion and $150 billion.