Treasury to Raise $9.3B New Cash with $67B Refunding

The Treasury Department will raise $9.3 billion of new cash with its quarterly refunding by selling $67 billion to refund $57.7 billion.

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Treasury will sell $27 billion three-year notes on Tuesday, August 12, $24 billion  10-year notes on Wednesday, August 13 and $16 billion 30-year bonds on Thursday, August 14.

All three issues settle on August 15.

Treasury said it won't reduce the size of its two- and three-year maturity offerings since the fiscal outlook is better.

Treasury said it will test its buyback capabilities.


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