Treasury Department Reveals Details Of Long-Term Securities Auctions

(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of three-year and ten-year notes and thirty-year bonds.

The Treasury revealed plans to sell $56 billion worth of three-year notes, $39 billion worth of ten-year notes and $22 billion worth of thirty-year bonds.

The results of the three-year note auction will be announced next Monday, the results of the ten-year note auction will be announced next Tuesday and the results of the thirty-year bond auction will be announced next Wednesday.

Last month, the Treasury sold $54 billion worth of three-year notes, $42 billion worth of ten-year notes and $25 billion worth of thirty-year bonds.

While the ten-year note auction attracted above average demand, the thirty-year bond auction attracted average demand and the three-year note auction attracted below average demand.