The terms of the refunding are to be announced on May 1.

"That's fine for right now, but it makes you wonder if there will be any money around when the refunding takes place."

"I would be surprised if the market didn't try to sell off as we get closer to the refunding."

Some concern was expressed about Japanese participation in the refunding.

Terms of the refunding are scheduled to be announced Wednesday.

"There is more balanced interest in the issues to be sold at this refunding," he said.

"We are absorbing the refunding without doing too much damage."

Altogether, the authority plans to issue about $2.8 billion in debt for the refunding.

The $30.5 billion in securities to be sold is a record for a quarterly refunding.

"A large part, if not all, of the bonds sold at the refunding have been distributed."

He also said heavy supply could be a concern when the Treasury's refunding got under way next week.

The refunding should increase the supply of Treasury notes and bonds by more than $30 billion.

The Treasury's refunding continues today with a sale of 30-year bonds.

"Otherwise, no one will stick his neck out at the refunding," he added.

On Thursday, the refunding will conclude with the sale of a new 30-year bond.

Also, the Treasury will announce the size of its quarterly refunding.

The Treasury maturities involved in the refunding also drew interest.

"But our reading is that Treasury will not choose to significantly boost the size in this refunding."

In addition, the Treasury said it will also sell $10 billion worth of 36-day cash management bills during the refunding.

"At least some of those issues, most probably the budget, will probably be resolved before the refunding."

Traders said some of the selling was to raise cash to pay for issues bought at last week's refunding.

Historically, bill auctions often do well in the week of a quarterly refunding.

Also, the refunding will increase the supply of new Treasury issues at a time when the market is unsettled, to say the least.

The breakdown of Treasury refunding has been changed (lowering the 30-year offering).

Also weighing on the market was new supply, with the Government's quarterly refunding of debt this week.

The problem was he did not want to refund any of the money.

"The question is whether we refund his money or not."

The students can also go to him to refund Training points.

After working for a little over a month he stopped work, but did not refund any money.

The money had not been refunded by the time the war began, he said.

Anything above that will be refunded with interest over time.

Some of this is refunded by the government one year later.

If they return to China within eight years, their money will be refunded.

These companies refund the cost of the catalogue with the first order.

David Tucker, the president of the company, has come in person to refund our money.

A. We refund less than 1 percent of people who hire us.

The next morning, the hotel refunded the entire cost of the room.

She is currently trying to get at least some money refunded.

Why not just refund them their money for Sunday's match?

It also agreed to refund the tax paid on those calls for the last three years.

But if you want to remain friends with all these folks, refund their money.

Any security you provided will be refunded when the evidence above has been received by us.

It has refunded what you had to pay for the other travel policy.

"I told him we'd refund his money, and to just send the thing back if it ever got there."

"Fill this out and the management will refund your money."

More than two hours late, the full ticket price is refunded.

The money would be refunded if the child did not attend college.

He called the site, which offered to find him another room, but refused to refund the first.

Otherwise, he said, the company will refund the students their fees.

This method is expensive, though, and not all countries refund the cost.