NEW YORK - The Treasury Department said it will auction $35 billion five-year notes on Wednesday, July 27 and $35 billion two-year notes on Tuesday, July 26.
The five-years settle Aug. 1 and are due July 31, 2016.
The two-years settle Aug.1 and are due July 31, 2013.
The Federal Reserve holds $2.948 billion of Treasury notes in the System Open Market Account, which may be refunded.