Treasury to Sell $15B 30-Yrs, $23B 10-Yrs, $24B 3-Yrs in Qrtly Refunding

The Treasury Department announced it will sell $15 billion 30-year bonds, $23 billion 10-year notes, and $24 billion 3-year notes in its quarterly refunding.

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Treasury will sell $62 billion to raise $3.5 billion of new cash. It plans to maintain current coupon sizes in the quarter.

The three-year notes will sell on Nov. 8, the 10 years on Nov. 9 and the 30 years on Nov. 10.

The issues settle Nov. 15. The three-year notes are due Nov. 15, 2019, the 10-year notes are due Nov. 15, 2026, and the 30-year bonds are due Nov. 15, 2046.

If needed, Treasury said it will adjust if its needs change and could issue cash management bills.

Treasury noted that the sales could be disrupted if the debt limit is approached.


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