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19.12.2024 17:32:24
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Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes.
The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.
The results of the two-year note auction will be announced next Monday, the results of the five-year note auction will be announced next Tuesday and the results of the seven-year note auction will be announced next Thursday.
Last month, the Treasury also sold $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.
The two-year, five-year and seven-year note auctions all attracted above average demand.
On Tuesday, the Treasury revealed this month's auction of $13 billion worth of twenty-year bonds attracted below average demand.
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