U.S. Treasury to auction $55 billion debt
Published November 5th, 2008
The U.S. Treasury will auction $25 billion in 3-year notes, $20 billion in 10-year notes and $10 billion in 29-year, 9-month bonds to refund $54.9 billion in maturing securities and raise around $100 million.
The rest of the government’s record $550 billion in financing requirements will be met with weekly bills, monthly 2-year, 3-year and 5-year notes.
Related Articles