January 02, 2025 16:33 GMT
US TSYS/SUPPLY: Next Week's Auction Dates Moved Forward
US TSYS/SUPPLY
Today's auction announcements show that Treasury has moved forward the dates of next week's coupon auctions by one day each compared with the tentative schedule released at the most recent quarterly Refunding. The new auction schedule: 3Y is now on Monday Jan 6 (was Tues), 10Y is now on Tuesday Jan 7 (was Weds), 30Y is now on Wednesday Jan 8 (was Thurs). All will take place at 1pm ET as normal.
- The rescheduling is almost certainly due to the federal holiday on Thursday Jan 9 (for ex-President Carter's day of mourning).
- Treasury may also reschedule the 4- / 8- week bills for Jan 9, perhaps also the 17-week for Jan 8 - but the announcement is only on Jan 7. Note that Treasury went ahead with the Dec 24 bill auctions despite it being a Federal Holiday.
- MNI will update our auction calendar accordingly.
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