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Treasury Department Announces Details Of Long-Term Securities Auctions

The Treasury Department revealed 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 $50 billion worth of three-year notes, $35 billion worth of ten-year notes and $23 billion worth of thirty-year bonds.

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

Last month, the Treasury sold $48 billion worth of three-year notes, $38 billion worth of ten-year notes and $26 billion worth of thirty-year bonds.

The three-year note auction attracted average demand, while the ten-year note and thirty-year bond auctions attracted below average demand.

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