U.S. Treasury Plans $125 Billion in Bond Auctions Next Week
The three auctions will refinance about $97 billion in debt maturing November 15 and are expected to bring in $28 billion in new cash.
Key takeaways
- The Treasury plans three auctions totaling $125 billion next week.
- About $97 billion of debt comes due November 15; the auctions are expected to raise about $28 billion in new cash.
The U.S. Treasury plans to auction $125 billion in notes and bonds next week, including $28 billion in expected new cash from private investors. The sales will refinance about $97 billion in debt maturing November 15.
The auctions are scheduled for November 9, 10 and 12. They include $58 billion in three-year notes, $42 billion in 10-year notes and $25 billion in 30-year bonds.
The Treasury said it expects to keep auction sizes for fixed- and floating-rate securities at current levels over the next several quarters, based on projections of borrowing needs.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
