The agency will sell $1.36 billion of three-month bonds and $695 million of six-month bonds.

The loans, described as "solidarity financing," will be subscribed as six-month bonds to be repaid when the new measures have begun to refill Government coffers.

In the Federal agency market, meanwhile, the Federal Farm Credit Banks plans to announce on Wednesday interest rates for three- and six-month bonds totaling $1.46 billion.

Government agency financings expected this week include the Federal Farm Credit Banks Funding Corporation's offering of three- and six-month bonds totaling $2.4 billion.

The Federal Farm Credit Banks Funding Corporation is offering three- and six-month bonds totaling $2.38 billion through various securities dealers.

The Federal Farm Credit Banks began offering $2.91 billion of three-month and six-month bonds at par yesterday through various dealers.

The financing includes three-month, six-month and one-year bonds that will be sold through a regular selling group.

Paying above 7 percent for six-month bonds, it could face a sudden stop in funding any day now.

The larger spreads were on three- and six-month bonds.

The €1.5bn auction of six-month bonds was heavily oversubscribed, attracting bids worth €4.6bn - a bid-cover ration of 3.1.