Treasury To Sell $101 Billion In Debt

Treasury To Sell $101 Billion In Debt Next Week
Deborah Levine MarketWatch Pulse – FOXBusiness.com

NEW YORK — The Treasury Department said Thursday it plans to sell $101 billion in debt next week in its monthly round of shorter-term note offerings. The government will sell $40 billion in 2-year notes on Tuesday, matching the amount expected by Wrightson ICAP. It will also offer $35 billion in 5-year notes the following day and $28 billion in 7-year notes next Thursday. The 7-year security was reintroduced in March to help the government spread out the increasing debt issuance needed to fund all of lawmakers’ stimulus plans and the Fed’s programs to stabilize financial markets.

Treasury To Sell $101 Billion In Debt Next Week – FOXBusiness.com.

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