Treasury to Sell $35B of 2-Years, $35B of 5-Years

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.

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