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Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions

The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes.

The Treasury revealed it plans to sell $46 billion worth of two-year notes, $47 billion worth of five-year notes and $40 billion worth of seven-year notes.

The results of both the two-year and five-year note auctions will be announced next Monday, while the results of the seven-year note auction will be announced next Tuesday.

Last month, the Treasury sold $47 billion worth of two-year notes, $48 billion worth of five-year notes and $42 billion worth of seven-year notes.

The two-year note auction attracted modestly above average demand, the five-year note auction attracted average demand and the seven-year note auction attracted well above average demand.

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