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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI BRIEF: U.S. Treasury Leaves Coupon Auction Sizes Unchanged
The U.S. Treasury announced Wednesday it would keep nominal coupon auction sizes in the upcoming quarter unchanged, amounting to USD231 billion in February.
The department said it it will issue USD96 billion of securities at next week's quarterly refunding, and raising USD28.9 billion in new cash.
Officials say they plan to sell USD40 billion in 3-year notes on Feb. 7, USD35 billion in 10-year notes on Feb. 8, and USD21 billion in 30-year bonds on Feb. 9.
The Treasury Department said that until the debt limit is suspended or increased, debt limit-related constraints will lead to greater than-normal variability in benchmark bill issuance and significant usage of CMBs.
Anticipated Auction Sizes (billions USD)
2-year | 3-year | 5-year | 7-year | 10-year | 20-year | 30-year | FRN | |
January-23 | 42 | 40 | 43 | 35 | 32 | 12 | 18 | 24 |
February-23 | 42 | 40 | 43 | 35 | 35 | 15 | 21 | 22 |
March-23 | 42 | 40 | 43 | 35 | 32 | 12 | 18 | 22 |
April-23 | 42 | 40 | 43 | 35 | 32 | 12 | 18 | 24 |
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.