The Treasury Department said its quarterly refunding will raise $7.6 billion new cash by selling $62 billion to refund $54.4 billion in maturing debt.
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Treasury said it will sell $15 billion 30-year bonds on Feb. 11, $23 billion 10-year notes on Feb. 10 and $24 billion 3-year notes on Feb. 9.
All issues settle on Feb. 16. The 3-years mature Feb. 15, 2019, the 10-years on Feb. 15, 2026, and the 30-years on Feb. 15, 2046.
Treasury said it will reduce by $1 billion each the amounts of 5-year, 7-year, 10-year, and 30-year issuance and reopenings in the first quarter, and reduce all TIPS issues and reopenings by $2 billion each.
These changes will allow Treasury to modestly increase the size of bill issuance over the coming quarter.
