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Board of Governors of the Federal Reserve System (via Public) / Dealer Inventory Constraints in the Corporate Bond Market during the COVID Crisis

Board of Governors of the Federal Reserve System (via Public) / Dealer Inventory Constraints in the Corporate Bond Market during the COVID Crisis
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U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Federal Finance Brian Smith


U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Federal Finance Brian Smith
Date
05/05/2021
The U.S. Department of the Treasury is offering $126 billion of Treasury securities to refund approximately $47.7 billion of privately-held Treasury notes and bonds maturing on May 15, 2021.  This issuance will raise new cash of approximately $78.3 billion.  The securities are:
-     A 3-year note in the amount of $58 billion, maturing May 15, 2024;
-     A 10-year note in the amount of $41 billion, maturing May 15, 2031; and
-     A 30-year bond in the amount of $27 billion, maturing May 15, 2051. 
The 3-year note will be auctioned on a yield basis at 1:00 p.m. EDT on Tuesday, May 11, 2021.  The 10-year note will be auctioned on a yield basis at 1:00 p.m. EDT on Wednesday, May 12, 2021.  The 30-year bond will be auctioned on a yield basis at 1:00 p.m. EDT on Thursday, May 13, 2021.  All of t ....

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