WASHINGTON - The Treasury Department today is switching from a new rate table adopted three days ago for state and local government series securities to the table that was formerly used.

Treasury officials said the new table, which was introduced to make it easier for issuers doing advance refundings to invest in time-deposit Slugs, was abandoned because it was inconsistent with how Slugs rates had been set under the old table and with how rates are set for other Treasury securities.

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