Breaking News
Get 40% Off 0
🔎 See NVDA's full ProTips for an instant risks or rewards Claim 40% OFF

U.S. Treasury to auction $48 billion in 2-year notes next week

Published Sep 21, 2023 12:57PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

The U.S. Treasury is preparing for a large-scale debt issuance next week, with plans to auction off 2-year notes worth $48 billion next Tuesday, as announced on Thursday. The debt issuance will settle on October 2, 2023, and reach maturity on September 30, 2025.

This upcoming auction also involves participation from the Federal Reserve banks. They will be placing bids for their own accounts in addition to the public offering amount. Currently, the Federal Reserve holds $22.482 billion in maturing securities under its possession.

Investors interested in noncompetitive tenders of these 2-year notes can participate with minimum denominations of $100. However, these tenders must be submitted by no later than 12:00 PM Eastern Time on Tuesday. On the other hand, competitive tenders are also available in minimum denominations of $100 but must be received by 1:00 PM Eastern Time.

The securities being auctioned bear the CUSIP number 91282CJB8, as provided by the U.S. Treasury Department. This identifier is essential for investors and financial institutions tracking and managing such securities.

This move is part of the Treasury's regular efforts to manage the government's funding needs and ensure smooth functioning of the U.S. government's short-term financing operations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

U.S. Treasury to auction $48 billion in 2-year notes next week
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email