After the debt ceiling was suspended, the U.S. Treasury Department increased its tender for Treasury bills to quickly replenish cash.

FAP, June 6 (Xinhua)-- in order to quickly increase the cash on hand after the debt ceiling suspension, the US Treasury announced on Tuesday that it would increase the scale of bidding for minimum maturity Treasury bills. The Treasury Department said it planned to issue $60 billion of four-cycle Treasury bills on Thursday, $25 billion more than the previous one with the same maturity. The size of eight-cycle Treasury issuance increased from $35 billion to $50 billion. Treasury issuance in 17 cycles increased by $2 billion to $46 billion. Suspending the debt ceiling allows the Treasury to replenish the treasury by increasing the issuance of Treasury bills. Since last month, the Treasury has been expanding the issuance of 3 -, 4 -, 6-and 12-month Treasury bills because they are considered to face the least risk of questions related to a potential default.