Treasury Announces Details Of Long-Term Securities Auctions

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

The Treasury plans to sell $38 billion worth of three-year notes, $24 billion worth of ten-year notes and $16 billion worth of thirty-year bonds.

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

Last month's three-year note and thirty-year bond auctions attracted above average demand, while the ten-year note auction attracted average demand.