The Treasury Department announced it would sell $14 billion of 30-year bonds on May 7, $22 billion of 10-year notes on May 6, and $35 billion of three-year notes on May 5 to complete its second quarter refunding.

Treasury also announced there will be a second regular reopening of the 30-year bond in the month following the first reopening, with the 30-year bond initially auctioned on May 7, reopened with an auction on June 11, and a second reopening on July 9.

Treasury said it is offering $71.0 billion of securities to refund $52.2 billion of privately held securities maturing or called on May 15, and to raise $18.8 billion.

The balance of financing requirements will be met with weekly bills; monthly 52-week bills; monthly two-year, three-year, five-year, and seven-year notes; the June and July 10-year note and 30-year bond reopenings; the July 10-year TIPS offering, and the July 20-year TIPS reopening.

Treasury will also issue cash-management bills, some longer dated, during the quarter. The next quarterly refunding announcement will take place on Aug. 5.

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