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

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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

The Treasury announced plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.

The results of the two-year note auction will be announced next Tuesday, the results of the five-year note auction will be announced next Wednesday and the results of the seven-year note auction will be announced next Thursday.

Last month, the Treasury also sold $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes.

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

The Treasury announced the results of this month's auction of $16 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted below average demand.

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