BUSINESS MEMO: SECURITIES AUCTION

WASHINGTON -- The government plans to raise $7 billion on Wednesday in its first auction of securities designed to shield investors from inflation while shrinking the cost of government borrowing. Treasury Secretary Robert Rubin said the notes will be auctioned quarterly in denominations of $1,000, the minimum purchase, and will mature in 10 years. But since they will be tied to the government's Consumer Price Index, their value will increase as prices increase...