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Treasury Announces Details Of Long-Term Securities Auctions

The Treasury Department announced the details of this month's auctions of three-year and ten-year notes and thirty-year bonds on Thursday.

The Treasury said it plans to sell $38 billion worth of three-year notes, $24 billion worth of ten-year notes and $16 billion worth of thirty-year bonds.

The results of the three-year and ten-year note auctions will be announced next Tuesday and Wednesday, respectively while the results of the thirty-year bond auction will be announced next Thursday.

Last month, the three-year and ten-year note auctions attracted below average demand, but the thirty-year bond auction attracted average demand.

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