MNI BRIEF: US Treasury Leaves Coupon Auction Sizes Unchanged
The U.S. Treasury Department on Wednesday announced it will keep coupon auction sizes unchanged over the next quarter, the first time in over a year.
The department said it will issue USD96 billion of securities at next week's quarterly refunding, down slightly from USD98 billion last quarter and raising USD40.7 billion in new cash. It will auction USD40 billion in 3-year notes on Nov. 8 and USD35 billion in 10-year notes on Nov. 9. It will also sell USD21 billion in 30-year bonds on Nov. 10.
The table below presents the anticipated auction sizes in billions of dollars for the November 2022 – January 2023 quarter:
Source: U.S. Treasury Department