Search results
Results From The WOW.Com Content Network
NEW YORK (Reuters) -The U.S. Treasury Department said on Wednesday it does not anticipate increasing auction sizes for notes and bonds for at least the next several quarters, in line with market ...
The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces its financing plans this week to fund a worsening budget deficit ...
The Treasury said additional reductions may also be necessary, depending on developments in its projected borrowing needs. Treasury to cut auction sizes for coming quarter Skip to main content
Treasury notes (T-notes) have maturities of 2, 3, 5, 7, or 10 years, have a coupon payment every six months, and are sold in increments of $100. T-note prices are quoted on the secondary market as a percentage of the par value in thirty-seconds of a dollar. Ordinary Treasury notes pay a fixed interest rate that is set at auction.
BTFs are issued on a weekly basis by auction, according to a quarterly calendar published in advance specifying the maturity of bills to be auctioned. A 3-month BTF is issued each week, together with a semi-annual or annual BTF.
Single-price auctions are a pricing method in securities auctions that give all purchasers of an issue the same purchase price. They can be perceived as modified Dutch auctions . This method has been used since 1992 when it debuted as an experiment of the U.S. Treasury for all auctions of 2-year and 5-year notes.
The Treasury said it will sell $58 billion in three-year notes next week as well as $41 billion in 10-year notes and $27 billion in 30-year bonds, unchanged from last quarter. Any shifts in ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.