It said it would keep debt issuance steady even though government is to submit a revised budget bill to parliament later on Wednesday that foresees a deficit of 220 billion euros, compared with the 173 billion expected previously.
Yellen, in written testimony prepared for delivery to the U.S. House of Representatives Financial Services Committee, said that with passage of the $1.9 trillion American Rescue Plan Act,
The Treasury said electronic payments sent by direct deposit in the latest round of disbursements will have an official pay date of Wednesday, March 24, with some recipients seeing them in their bank accounts earlier as pending deposits.